Russia currency: 100 kopeek=1 Russian ruble

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by Anni Pelmeni

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The only means of payment in Russia is Russian Ruble.
We have following banknotes: 10, 50, 100, 500, 1000 and 5000 rubles and coins:1, 2, 5,10, 50 kopeek and 1, 2, 5 rubles.

All the prices are usually rounded up to rubles, kopeek is usually omitted and rarely used in exchange.
Central Bank of Russia issues regularly the exchange rate for main foreign currencies. In September 2007 the approximate exchange rate for Euro and USD is: 1 EUR = 35 rubles, 1 USD = 25.5 rubles.

It is no problem whatsoever to buy rubles in Moscow, but most likely it will be easier if you have USD or EUR. With other currencies you might have less favorable exchange rates or you might waste a lot of time to find currency exchange offices for other currencies. Though of course in banks you can exchange almost every currency.

Russian 1000 rubles

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One Response to “Russia currency: 100 kopeek=1 Russian ruble”

  1. Let me lead you through the streets of Moscow » Blog Archive » Currency exchange offices: some info you might need to know Says:

    […] you already know, Russian ruble is the only legal mean of monetary transaction in Russia. But the number of currency exchange […]

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