The USD/RUB exchange rate rose to 78.2980 on July 11, 2025, up 0.96% from the previous session. Over the past month, the Russian Ruble has strengthened 2.13%, and is up by 10.90% over the last 12 months. Russian Ruble - values, historical data, forecasts and news - updated on July of 2025.

The price of one euro reached approximately 102.16 Russian rubles on average in May 2025, having marked a decrease compared to the previous month. The exchange rate of the U.S. dollar to the Russian ruble also declined relative to April 2025.

Prices for RUBUSC Russian Ruble USD Coin including live quotes, historical charts and news. RUBUSC Russian Ruble USD Coin was last updated by Trading Economics this July 13 of 2025.

The USD to ruble value lost significant ground after Russia's invasion of Ukraine, reaching a low of 135 rubles in March 2022. This devaluation is also observed in a chart that compares the monthly average of the ruble against both the U.S. dollar and the euro since 2008. A decline started in November 2020, and continued into 2021 - no specific reason was given for the timing of this development. Interestingly, the USD/RUB exchange rate reached its highest point earlier in 2020, as one U.S. dollar could buy nearly 80 rubles in March 2020. Values were noticeably different years later, however, as the USD/RUB exchange rate was valued at 82.23 on May 2, 2025.

Key information about Russia Exchange Rate against USD

• Russia Exchange Rate against USD averaged 83.161 (USD/RUB) in Jun 2023, compared with 78.937 USD/RUB in the previous month.
• Russia Exchange Rate against USD data is updated monthly, available from Jun 1992 to Jun 2023.
• The data reached an all-time high of 103.681 in Mar 2022 and a record low of 0.138 in Jun 1992.

• In the latest reports, Russia Short Term Interest Rate: MIACR: 1 to 3 Months was reported at 9.370 % pa in Aug 2022.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: GKO-OFZ Government Bond Zero Coupon Yield: 10 Years) was reported at 11.090 % pa in Jun 2023.
• The cash rate (Policy Rate: Month End: Key Rate) was set at 7.500 % pa in Jun 2023.

The exchange rate of the U.S. dollar to the Russian ruble increased continuously over the period from 1992 to 1997. Starting in 1998, Russia redenominated its currency at a rate 1,000 to 1. On August 17, 1998, the devaluation of the Russian ruble was announced, which had a negative impact on the population's economic well-being.

Graph and download economic data for Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Russia (CCUSMA02RUM618N) from Jun 1992 to May 2025 about Russia, exchange rate, currency, and rate.

The USD/BYN exchange rate fell to 3.2718 on July 11, 2025, down 0.02% from the previous session. Over the past month, the Belarusian Ruble has strengthened 0.02%, but it's down by 0.15% over the last 12 months. Belarusian Ruble - values, historical data, forecasts and news - updated on July of 2025.

In March 2022, one euro could increasingly buy fewer Russian rubles according to the EUR to RUB exchange rate history. Figures have somewhat recovered since. A value of 92.09 rubles per single euro as observed on June 27, 2025, resembled exchange rates found in the mid-2010s. Despite significant drops in 2015 and 2017, the rate grew on average until then. At the end of 2020, one euro could buy roughly 90 Russian rubles - a value that was over twice as high as it was in 2009. Noticeable is the large increase during 2020, amidst the coronavirus pandemic: within three months, the exchange rate grew by roughly 13 Russian rubles. Like the euro, the USD to ruble value also declined in February and March 2022.

Prices for NZDRUB New Zealand Dollar Russian Ruble including live quotes, historical charts and news. NZDRUB New Zealand Dollar Russian Ruble was last updated by Trading Economics this July 13 of 2025.

A graphic that displays the dollar performance against other currencies reveals that economic developments had mixed results on currency exchanges. The third quarter of 2023 marked a period of disinflation in the euro area, while China's projected growth was projected to go up. The United States economy was said to have a relatively strong performance in Q3 2023, although growing capital market interest rate and the resumption of student loan repayments might dampen this growth at the end of 2023. A relatively weak Japanese yen Q3 2023 saw pressure from investors towards Japanese authorities on how they would respond to the situation surrounding the Japanese yen. The USD/JPY rate was close to ***, whereas analysts suspected it should be around ** given the country's purchase power parity. The main reason for this disparity is said to be the differences in central bank interest rates between the United States, the euro area, and Japan. Any future aggressive changes from, especially the U.S. Fed might lower those differences. Financial markets responded somewhat disappoint when Japan did not announce major plans to tackle the situation. Potential rent decreases in 2024 Central bank rates peak in 2023, although it is expected that some of these will decline in early 2024. That said, analysts expect overall policies will remain restrictive. For example, the Bank of England's interest rate remained unchanged at **** percent in Q3 2023. It is believed the United Kingdom's central bank will ease its interest rate in 2024 but less than either the U.S. Fed or the European Central Bank. This should be a positive development for the pound compared to either the euro or the dollar.

Foreign Exchange Rate: Bank of Russia: Avg from Year Beginning: US Dollar data was reported at 67.350 RUB/USD in Jan 2019. This records an increase from the previous number of 62.540 RUB/USD for Dec 2018. Foreign Exchange Rate: Bank of Russia: Avg from Year Beginning: US Dollar data is updated monthly, averaging 31.460 RUB/USD from Jan 2006 (Median) to Jan 2019, with 157 observations. The data reached an all-time high of 76.730 RUB/USD in Feb 2016 and a record low of 23.860 RUB/USD in Jul 2008. Foreign Exchange Rate: Bank of Russia: Avg from Year Beginning: US Dollar data remains active status in CEIC and is reported by The Central Bank of the Russian Federation. The data is categorized under Russia Premium Database’s Interest and Foreign Exchange Rates – Table RU.ME001: Foreign Exchange Rate: Bank of Russia: Main Currencies.

Prices for SGDRUB Singapore Dollar Russian Ruble including live quotes, historical charts and news. SGDRUB Singapore Dollar Russian Ruble was last updated by Trading Economics this July 12 of 2025.

Prices for RUBCAD Russian Ruble Canadian Dollar including live quotes, historical charts and news. RUBCAD Russian Ruble Canadian Dollar was last updated by Trading Economics this July 13 of 2025.

Prices for USCBYR USD Coin Belarusian Ruble including live quotes, historical charts and news. USCBYR USD Coin Belarusian Ruble was last updated by Trading Economics this July 12 of 2025.

Prices for RUBAUD Russian Ruble Australian Dollar including live quotes, historical charts and news. RUBAUD Russian Ruble Australian Dollar was last updated by Trading Economics this July 13 of 2025.

Prices for RUBBSD Russian Ruble Bahamian Dollar including live quotes, historical charts and news. RUBBSD Russian Ruble Bahamian Dollar was last updated by Trading Economics this July 5 of 2025.

Key information about Russia Long Term Interest Rate

• Russia Long Term Interest Rate: Month End: GKO-OFZ Government Bond Zero Coupon Yield: 10 Years was reported at 15.52 % pa in Feb 2025, compared with 16.53 % pa in the previous month.
• Russia Long Term Interest Rate data is updated monthly, available from Jan 2003 to Feb 2025.
• The data reached an all-time high of 16.89 % pa in Oct 2024 and a record low of 5.70 % pa in May 2020.
• Long Term Interest Rate is reported by reported by Bank of Russia.

• In the latest reports, Russia Short Term Interest Rate: MIACR: 1 to 3 Months was reported at 9.71 % pa in Jul 2023.
• The cash rate (Policy Rate: Month End: Key Rate) was set at 21.00 % pa in Feb 2025.
• Russia Exchange Rate against USD averaged 83.16 (USD/RUB) in Jun 2023.

In May 2025, the inflation rate in Russia stood at **** percent compared to the same month in the previous year, showing an increase. The rate has been decreasing since March 2025. The highest rate during the observed period was recorded in April 2022, at **** percent. The term inflation means the devaluation of money caused by a permanent increase in the price level for products (consumer goods, investment goods). The Consumer Price Index (CPI) shows the price development for private expenses and shows the current level of inflation when increasing. Russia's economy, an outlook The Russian economy was expected to grow by *** percent in 2025 despite the Western sanctions over the war in Ukraine that began in February 2022. At the same time, consumer prices were projected to grow by around **** percent in 2025 relative to the previous year. In 2024, the inflation rate was estimated at **** percent. Prices in Russia Russia’s economy is highly dependent on and affected by the price of oil. The price of the Urals crude oil stood at approximately ***** U.S. dollars per barrel in April 2025, having demonstrated a decrease from the previous month. The highest producer price index (PPI) was recorded in the electricity and gas supply sector, with a price growth rate of over ** percent in September 2024.

The MOEX index, the most prominent ruble-denominated index of stocks listed on the Moscow Stock Exchange, fell by nearly one third of its value between February 13 and February 20, 2022, following the Russian invasion of Ukraine. It has since fluctuated significantly and stood at 2,953.2 as of January 26, 2025. The MOEX index is considered the primary index for domestic investors in Russia. It contains the same components as the RTS index, however the latter is denominated in U.S. dollars and therefore preferred by many international investors.