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The Russian ruble has a rich history, and its symbol has evolved over time. The current symbol for roubles is Р (or "R"), which was introduced in 2013.
In Russia, the ruble is the official currency and is widely accepted. The symbol Р is used to denote the currency in financial transactions.
The introduction of the new symbol was a significant change, and it replaced the old abbreviation for rubles, which was "руб". The new symbol is now used on banknotes, coins, and in digital payments.
The use of the Р symbol has become widespread, and it's now an integral part of Russia's financial system.
Historical Rubles
Historical Rubles were first introduced in 1704, marking the beginning of the Russian ruble's history.
The first ruble was a silver coin, with a value equivalent to 28 grams of silver.
The ruble was initially divided into 10 kopeks, with each kopek worth 1/10 of a ruble.
The Russian Empire's monetary system was based on the ruble, with the currency serving as a symbol of the country's economic power.
In the 19th century, the ruble became a widely accepted currency in Eastern Europe and Asia, facilitating trade and commerce in the region.
Imperial Ruble (1704-1922)
The Imperial Ruble was the standard currency of Russia from 1704 to 1922. It was a significant step in the country's monetary history.
The Imperial Ruble was first introduced in 1704 by Peter the Great, who reformed the old Russian monetary system. He minted a silver ruble coin with a weight of 28.1 grams and 72% fineness.
The Imperial Ruble was the world's first decimal currency, with the decision to subdivide it primarily into 100 copper kopeks. This was a major innovation in currency design.
The amount of silver in a ruble varied in the 18th century, and coins worth over a ruble were minted in gold and platinum. By the end of the 18th century, the ruble was set to 4 zolotnik 21 dolya of pure silver or 27 dolya of pure gold.
In 1828, platinum coins were introduced with 1 ruble equal to 772/3 dolya. This was a significant change to the currency.
The Imperial Ruble was pegged to the French franc in 1885, with a rate of 1 ruble = 4 francs. This rate was revised in 1897 to 1 ruble = 22/3 francs.
With the outbreak of World War I, the gold standard peg was dropped, and the ruble fell in value. The ruble suffered from hyperinflation in the early 1920s.
In 1915, two kinds of small change notes were issued, featuring designs of stamps printed onto card with text and the imperial eagle printed on the reverse.
Soviet Ruble (1922-1992)
The Soviet ruble was introduced in 1922, replacing the Russian ruble, and remained the sole currency of the Soviet Union until its breakup in 1991.
It was issued by the State Bank of the USSR and had the ISO 4217 code SUR.
The Soviet ruble continued to be used in the 15 Post-Soviet states until new national currencies were introduced.
In the Russian Federation, the Soviet ruble was replaced by the Russian ruble in 1993.
Ruble - Rur (1992-1998)
The ruble's journey began in 1992, with the Soviet ruble being replaced at par by a new currency also called the ruble, assigned the ISO 4217 code RUR and number 810.
A new set of coins was issued in 1992 to mark this change.
The ruble's exchange rate versus the U.S. dollar depreciated significantly over the years, from US$1 = 125 RUR in July 1992 to approximately US$1 = 6,000 RUR by 1998.
New banknotes were issued in 1993, featuring the name of Bank of Russia.
The currency was redenominated in 1998, which likely had a big impact on people's daily lives.
Symbol and Representation
The ruble has had its fair share of symbols over the centuries. A currency symbol was used between the 16th and 18th centuries, consisting of the Russian letters "Р" and "У" rotated and written on top of each other.
The symbol fell into disuse by the mid-19th century, and no official symbol was used during the final years of the Empire or in the Soviet Union. The abbreviations Rbl (plural: Rbls) in Latin script and руб. (Cyrillic) and the simple characters R (Latin) and р (Cyrillic) were used instead.
In modern times, the ruble has an official symbol: , a Cyrillic letter Er with a single added horizontal stroke. This symbol was introduced in 2013 and is now widely used.
You can also use the 3-letter abbreviation RUB, which is standardized internationally in ISO 4217. This is a great alternative to the symbol, especially if you're unsure if the symbol will display correctly on your system.
If you want to use the RUBLE SIGN symbol, you can enter it on a Russian computer keyboard as AltGr+8 on Windows and Linux, or AltGr+Р (Qwerty H position) on macOS. However, it's worth noting that not all fonts can display this symbol, so it's best to use a font that includes it, such as PT Sans.
Here are the ways to represent the ruble symbol:
- Official symbol: , Cyrillic letter Er with a single added horizontal stroke
- Abbreviation: RUB (standardized in ISO 4217)
- HTML entity: ₽
- Font: PT Sans, which includes RUBLE SIGN in several code positions
Frequently Asked Questions
What is the Alt code for ruble?
The Alt code for the ruble symbol is 20BD, which you can enter by holding down the ALT key and typing X. This code allows you to insert the ruble currency symbol on your keyboard.
What is the 3 letter code for ruble?
The 3-letter code for the ruble is RUB, as designated by the International Organization for Standardization (ISO) standard ISO 4217. This code is used internationally for currency identification.
What is the ticker symbol for ruble?
The ticker symbol for the Russian Ruble is RUB. This is also the currency code used internationally.
What is the symbol for Russian ruble?
The official currency of Russia is represented by the symbol ₽, which is a Cyrillic letter Р with an additional horizontal stroke. This symbol is used to denote the Russian ruble in financial transactions and everyday use.
Sources
- https://en.wikipedia.org/wiki/Russian_ruble
- https://stackoverflow.com/questions/20665622/russian-ruble-symbol-html-code
- https://www.itprotoday.com/microsoft-windows/how-to-type-the-russian-ruble-symbol-
- https://apple.stackexchange.com/questions/440855/how-do-i-type-the-russian-ruble-currency-sign-in-macos
- https://escapefromtarkov.fandom.com/wiki/Roubles
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