Currently there is no official symbol for the ruble,Various symbols have been put forward as possibilities, including: Etymology According to the most popular version, the word "ruble" is derived from the Russian verb rubit', meaning to chop. Historically, a "ruble" was a piece of a certain weight chopped off a gold silver ingot grivnahence the name. Names of different denominations In the 18th, 19th and 20th centuries, several coins had individual names: The amount of 10 rubles in either bill or coin is sometimes informally referred to as a chervonets.

Historically, it was the name for the first Russian 3-ruble gold coin issued for general circulation in The current meaning comes from Soviet golden chervonets issued in that was equivalent to the pre-revolution 10 gold rubles.

All these names are obsolete. The practice of using the old kopek coin names for amounts in rubles is now not very common. In modern Russian slang only these names are used:. Peterbourgrubles -Pol-limona a half of limon 1, rubles -Limon 1,, rubles -Yard The sixth term derived from five Catherines.

Katya Catherina having been a slang name for the ruble note in tsarist Russia, as the note had a picture of Catherine II on it. The biggest denomination note as for September, is rubles, so all the higher amount nicknames refer to amount and not coin or paper note.

Most of these definitions, i. Chirik, Poltos, Pyatikatka, and Kosar come from jail slang Fenya. It is a quite vulgar manner of speaking. Currency symbol A currency symbol was used for the ruble between the 16th century and the 18th century. The symbol was placed over the amount number to which belonged to. This symbol, however, fell into disuse during the 19th century onward.

No official symbol was used during the final years of the Empire, nor was one introduced in the Soviet Union. The characters R and py6 were utilized and remain so today, though they are not official.

In Julythe Central Bank of Russia announced that it would decide on a symbol for the ruble. The bank will test 13 symbols for the ruble. This includes the symbol PP RR in Russian for Russian Rublewhich has received preliminary approval from the Central Bank.

However, the people of Moscow have announced support for another tested symbol, a P with a horizontal stroke below the top similar to the Philippine peso sign. The sign has been lauded as simple, recognizable and similar to other currency signs. Another candidate for a ruble symbol was selected in a competition organized by the Russian News and Information Agency.

The "Swanling" symbol was one of 20 winners of the competition and was also one of 8 winners of a competition organized by the website KM. The symbol has no similarity to any other currency symbol. History First ruble, Antiquity December The ruble has been the Russian unit of currency for about years. Fromthe ruble was divided into kopeks. The amount of precious metal in a ruble varied over time.

In a currency reform, Peter I standardized the ruble to 28 grams of silver.

While ruble coins were silver, there were higher denominations minted of gold and platinum. By the end of the 18th century, the ruble was set to 4 zolotnik 21 dolya almost exactly equal to 18 grams of pure silver or 27 dolya almost exactly equal to 1. On 17 Decembera new standard was adopted which did not change the silver ruble but reduced the gold content to 1. With the outbreak of the First World War, the gold standard peg was dropped and the ruble fell in value, suffering from hyperinflation in the early s.

Second ruble, 1 January December Inthe first of several redenominations took place, at a rate of 1 "new" ruble for 10, "old" rubles. The chervonetss was also introduced in Third ruble, 1 January -6 March A second redenomination took place inat a rate of to 1.

Again, only paper money was issued. During the lifetime of this currency, the first money of the Soviet Union was issued. Fourth Gold ruble, 7 March A third redenomination in introduced the "gold" ruble at a value of 50, rubles of the previous issue. This reform also saw the ruble linked to the chervonets, at a value of 10 rubles.

Coins began to be issued again inwhilst paper money was issued in rubles for values below 10 rubles and in chervonets for higher denominations. Fifth ruble, Following World War II, the Soviet government implemented a confiscatory redenomination of the currency to reduce the amount of money in circulation. This only affected the paper money.

Old rubles were revalued at one tenth of their face value. Sixth ruble, December The redenomination was a repeat of the reform, with the same terms applying. The Soviet ruble of was formally equal to 0. Following the breakup of the Soviet Union inthe ruble remained the currency of the Russian Federation. A new set of banknotes was issued in the name of Bank of Russia in During the period of hyperinflation of the early s, the ruble was significantly devalued. Seventh ruble, 1 January - The ruble was redenominated on 1 Januarywith one new ruble equalling old rubles.

The redenomination was a purely psychological step that did not solve the fundamental economic problems faced by the Russian economy at the time, and the currency was devalued in August following the Russian financial crisis. Dollar in the six months following this Russian financial crisis.

By calculating the product of all six redenominations, it is seen that a seventh ruble is equal to 5X original rubles. In Novemberoutlook email recall option authorities of Dimitrovgrad Ulyanovsk Oblast erected a five-meter monument to the ruble.

Silver 20 kopeks were introduced infollowed by copper 10 kopeks minted between andand copper 3 kopeks introduced in Between andplatinum 3, 6 and 12 rubles were issued. Insilver 15 kopecs were introduced, due to the use of this denomination equal to 1 zloty in Poland, whilst, ingold 3 rubles were introduced.

Ina new gold coinage was introduced consisting of 5 and 10 ruble coins. This was followed by another in The gold coinage was suspended inwith the other denominations produced until the First World War.

Fourth, fifth and sixth rubles The first coinage after Russian civil war was minted in with silver coins in denominations of 10, 15, 20 and 50 kopeks and 1 ruble. Golden chervonets were minted in These coins bore the emblem and legends of the RSFSR. Incopper coins were introduced for 1, 2, 3 and 5 kopeks, together with further silver 10, 15 and 20 kopeks, 1 poltinnik 50 kopeks and 1 ruble.

From this issue onwards, the coins were minted in the name of the Soviet Union. Inaluminium-bronze replaced copper in the 1, 2, 3 and raleigh stockbrokers kopeks and, inthe remaining silver coins were replaced with cupro-nickel. This coinage was unaffected by the redenominations of and However, did see the introduction of new coins, with stockland opening hours townsville christmas, 2, 3 and 5 kopeks in aluminium-bronze, and 10, 15, 20 and 50 kopeks and 1 ruble in cupro-nickel-zinc.

Ina new coinage was introduced in bonus no deposit forex metal of 10 and 50 kopeks, 1, 5 and 10 rubles. The 10 kopeks was struck in brass-plated steel, the 50 kopeks, 1 and 5 rubles were in cupro-nickel and the 10 rubles was bimetallic with an aluminium-bronze centre and a cupro-nickel-zinc ring. After the end of the Soviet Union, the Russian Federation introduced coins in in denominations of 1, 5, 10, 20, 50 and rubles.

The 1 and 5 rubles were minted in brass-clad steel, the 10 and 20 rubles in cupro-nickel and the 50 and rubles were bimetallic aluminium-bronze and cupro-nickel-zinc.

Inaluminium-bronze 50 rubles and cupro-nickel-zinc rubles were issued, and the material of 10 black scholes calculator stock options 20 rubles was changed to nickel-plated steel.

In the material of 50 rubles was changed to brass-plated steel, but the coins were minted with the old date Regularly issued commemorative one ruble coin during this period is practically identical in size and weight to a 5 Swiss franc coin worth approx. For this reason, there have been several instances of now worthless ruble coins being used on a large scale to defraud automated vending machines in Switzerland.

Seventh ruble 1 and 5 kopek coins are rarely used especially the 1 kopek coin due to their small value and in some cases may not be accepted by stores or individuals. In some cases, the 10 kopek coin is also occasionally refused. All these coins began being issued indespite the fact that some of them bear the year Since european stock market yesterday, bimetallic 10 ruble circulating commemorative coins have been issued.

Init was proposed by the Bank of Russia to withdraw 1 and 5 kopek coins from circulation and to round all the prices to 10 kopeks, although the proposal hasn't been realized as of The material of 1, 2 and 5 ruble coins was switched to nickel plated steel in the second quarter of In Octobera new 10 ruble coin made of brass plated steel was issued and the 10 ruble banknote will be withdrawn by Bimetallic 10 ruble coins will continue to be issued.

A series of circulating Olympic commemorative 25 ruble coins will start in The new coins will be made of cupromickel. Banknotes First ruble Imperial issues Instate healthcare penny stock buyouts history were introduced for 25, 50, 75 and rubles, with 5 and 10 rubles added in and ruble in Inthe State Commercial Bank issued 3, 5, 10, 25, 50 and rubles notes, followed by 50 ruble credit notes of the Custody Treasury and State Loan Bank.

Instate credit notes were introduced in denominations of 1, stock market response to election results, 5, 10, 25, 50 and rubles. These circulated, in various types, until the revolution, with rubles notes added in and and rubles notes added in Intwo kinds of small change notes were issued.

One, issued by the Treasury, consisted of regular hewlet packard computer power options if small notes for 1, 2, 3, 5 and 50 kopeks. The other consisted of the designs of stamps printed onto card with text and the imperial eagle printed on the reverse.

These were in denominations of 1, 2, 3, 10, currency exchange rate russian ruble and 20 kopeks. Provisional Government issues Inthe Provisional Government issued treasury notes for 20 and 40 rubles. These notes are known as "Kerenki" or "Kerensky rubles".

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The provisional government also had 25 and rubles state credit notes printed in the U. RSFSR issues Instate credit notes were introduced by the R. These were followed in by currency notes for 1, 2, 3, 15, 20, 60,, and 10, rubles. Incurrency note denominations of 5, 50, 25, 50, , 1 million, 5 million and 10 million rubles were added. Second ruble Only state currency notes were issued for this currency, in denominations of 1, 3, 5, 10, 25, 50,, and 10, rubles. Third ruble As with the previous currency, only state currency notes were issued, in denominations of 50 kopeks, 1, 5, 10, 25, 50,, and 10, rubles.

In earlyjust before the next redenomination, the first paper money was issued in the name of the USSR, featuring the state emblem with 6 bands around the wheat, representing the language of the then 4 constituent republics of the Union: Russian SFSR, Transcaucasian SFSR Azerbaijani, Armenian, and GeorgianUkrainian SSR and Byelorussian SSR. They were dated and were in denominations of 10, 15, and 25, rubles. Fourth ruble Instate currency notes were introduced for 1, 3 and 5 gold rubles.

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These circulated alongside the chervonets notes introduced in by the State Bank in denominations of 1, 3, 5 10 and 25 chervonets. State Treasury notes replaced the state currency notes after Innew notes were issued for 1, 3 and 5 rubles, dropping the word "gold".

Fifth ruble InState Treasury notes were introduced for 1, 3 and 5 rubles, along with State Bank notes for 10, 25, 50 and rubles. Sixth ruble Innew State Treasury notes were introduced for 1, 3 and 5 rubles, along with new State Bank notes for 10, 25, 50 and rubles. Inthe State Bank took over production of 1, 3 and 5 ruble notes and also introducedand ruble notes, although the 25 ruble note was no longer issued.

Ina final issue of notes was made bearing the name of the U. These were followed by 50, andruble notes in andrubles in Since the break up of the Soviet Union inRussian ruble banknotes and coins have been notable for their lack of portraits, which traditionally were included under both the Tsarist and Communist regimes.

With the issue of the ruble note depicting a statue of Peter I and then the ruble note depicting a statue of Yaroslav, the lack of recognizable faces on the currency has been partially alleviated. The 5 ruble note is very rare now. It is now out of print, although it is still legal tender. The 10 ruble note is no longer printed starting January Replaced by the 10 ruble coin. Banknotes of the revision bear the fine print meaning "modification of year " on the left watermark area.

Banknotes of the revision also bear the similar fine print. More importantly, new security features have been added, including but not limited to: The area appears to be one color from one angle, stripes from another angle. Wider metallic thread Microperforation rubles and above: Denomination numeral formed by dots small laser perforated holes in the paper Color shifting ink rubles and above: The emblem of the Bank of Russia for rubles, and the city emblem of Yaroslavl for rubles.

All Russian paper money is currently printed at the state-owned factory Goznak in Moscow, which was organized on 6 June and has continued to operate ever since. Coins are minted in Moscow and at the Saint Petersburg Mint, which has been operating since The text on this page has been made available under the Creative Commons Attribution-ShareAlike License and Creative Commons Licenses.

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FOR BUSINESS For Your Website. FUN STUFF Stolen Art. The ruble or rouble code: RUB is the currency of the Russian Federation and the two partially recognized republics of Abkhazia and South Ossetia. Formerly, the ruble was also the currency of the Russian Empire and the Soviet Union prior to their breakups.

Belarus and Transnistria also use currencies with the same name. The ruble is subdivided into kopeks sometimes transliterated kopecks, or copecks.

In modern Russian slang only these names are used: The Bank of Russia also issues other commemorative coins ranges fromrubles. Content, information, data, material, services, or products comprising this web-site may not be published, broadcast, rewritten or redistributed without written permission from ExchangeRate. The information supplied by this web-site is believed to be accurate, but ExchangeRate.

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