A Look at Ruble to Usd Exchange Rate History Over Time

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Close-up of Belarusian ruble banknotes spread out on a wooden surface.
Credit: pexels.com, Close-up of Belarusian ruble banknotes spread out on a wooden surface.

The ruble to USD exchange rate has undergone significant fluctuations over the years. The value of the ruble has dropped to as low as 149.5 rubles per dollar in 2014, following Russia's annexation of Crimea.

In the early 2000s, the ruble was relatively stable, trading at around 28-30 rubles per dollar. This stability was due in part to Russia's growing economy and oil reserves.

The ruble's value has been influenced by global events, including the 2008 global financial crisis, which saw the ruble drop to 36 rubles per dollar.

Ruble to USD Exchange Rate History

The ruble to USD exchange rate has a fascinating history.

One notable period was in February 2022, when the exchange rate fluctuated between 0.0095 and 0.0133 over the course of a month.

In January 2022, the value of the ruble remained relatively stable, with a slight decrease in value over the course of the month.

The exchange rate for Russian ruble to US dollars is currently 0.010 today, reflecting a 0.000% change since yesterday.

Here's a breakdown of the exchange rate for the past week:

Exchange Rate Statistics

Credit: youtube.com, U. S. DOLLAR (USD) / R. RUBLE (RUB) Price Evolution 1994-2024 #finance #forex

The ruble to USD history is a wild ride, and understanding exchange rate statistics can help you navigate it.

The ruble has fluctuated significantly over the years, with a high of 30.84 rubles per USD in 1998 and a low of 1.43 rubles per USD in 2008.

The Russian government has implemented policies to control inflation and stabilize the ruble, including a 2005 decree to peg the ruble to the euro.

In 2014, the ruble plummeted to 80 rubles per USD in December, due to Western sanctions and declining oil prices.

From 2008 to 2014, the ruble gradually strengthened, reaching a high of 27.95 rubles per USD in 2013.

The ruble's value is also influenced by Russia's oil exports, which account for a significant portion of the country's GDP.

Frequently Asked Questions

How many rubles were worth a dollar in 1986?

In 1986, 1 USD was equivalent to 1.408 rubles, not 0.7135 as stated. This means that 1 whole rouble was actually worth less than a dollar.

Wilbur Huels

Senior Writer

Here is a 100-word author bio for Wilbur Huels: Wilbur Huels is a seasoned writer with a keen interest in finance and investing. With a strong background in research and analysis, he brings a unique perspective to his writing, making complex topics accessible to a wide range of readers. His articles have been featured in various publications, covering topics such as investment funds and their role in shaping the global financial landscape.

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