The monetary unit of the Russian Federation is the Russian ruble (rouble). The ruble was also a national currency in the USSR and the Russian Empire. The code in the standard ISO 4217 - RUB, digital - 643. One ruble consists of 100 kopecks.
The ruble is the oldest national currency in the world after the British pound. The monetary units of other countries have repeatedly changed their names. In Russia, the ruble has been used since the 13th century.
Russian Ruble - Origin and the Current State
There are a lot of versions of the origin of the word “ruble”. According to most of them, it was derived from the Russian verb “rubit” (to cut/chop). In early Russian history it was a piece chopped off a silver bar called grivna. Later, the term became the official name of the Russian currency.
Today, you can find the following banknotes in circulation: 10 Rubles (almost out of circulation and rare), 50 Rubles, 100 Rubles, 500 Rubles, 1000 Rubles, 5000 Rubles. Also there are coins: 10 kopecks, 50 kopecks, 1 Ruble, 5 Rubles, 10 Rubles. In autumn of 2017, new banknotes of 200 and 2000 rubles will be put into circulation.
From the History…