Course EUR(Euro)-RUB(Russian Ruble) for today
Quotes EUR/RUBfor today.
Chart Euro Russian Ruble
Online Cross Course EUR RUB
EuroThe central bank in Europe is called the European Central Bank (ECB). Currently, 17 EU member states have adopted the Euro. It is the second-most traded currency on the forex market, after the US Dollar, and also a major global reserve currency. Other common names for the Euro include Yoyo (Irish English), Leru (Spanish), and Ege (Finnish).
- Central bank: The European Central Bank
- The euro is used by over 320 million Europeans and 17 nations in the eurozone (euro area).
- Over 175 million people use currencies pegged to the euro, such as the Danish krona (DKK) and West African CFA franc (XOF).
- Eurozone economies vary widely. Germany is the largest economy, and a leading world exporter. Other economies (Ireland, Greece) endure sovereign debt and severe government austerity measures.
Russian RubleThe Ruble has been the currency of Russia for approximately 500 years; it has been used in various countries throughout its history. There have been different versions of the ruble due to the various changes in the currency's value.
- The Ruble has been the official currency of Russia for nearly 500 years. The kopek was first introduced in 1710, with a value of 1/100th of a Ruble.
- In December, 1885, the Russian Ruble was revalued to a gold standard, pegged to the French Franc at 1 Ruble = 4 Francs. This value was revised in 1897 to 1 Ruble = 2 2/3 Francs.
- During World War I, the gold standard was dropped leading to devaluation of the Ruble and hyperinflation.
- The “second Ruble” was introduced on January 1, 1922, followed by the “third Ruble” in January 1923.
- The “fourth Ruble” (or “Gold Ruble”) was issued in March, 1924.
- Following World War II, the “fifth Ruble” was introduced in 1947, in order to revalue the currency and reduce the amount of paper tender in circulation.
- The introduction of the “sixth Ruble” occurred in 1967, under a similar process to the “fifth Ruble” issue.
- The “sixth Ruble” remained the official currency of Russia during the transition from the Soviet Union to the modern Russian Federation, though new notes were issued in 1993 to reflect the change.
- The “seventh Ruble” was issued on January 1, 1998, essentially devaluing the Russian Ruble at a rate of 1 new Ruble = 1,000 old Rubles