• Customer Support: Mon-Fri 8:00 AM to 8:00 PM, Sat-Sun & Holidays :9:00 AM to 6:00 PM
  • Branch Working Hrs: Mon-Sat 10:15 AM to 6:00 PM
Request Call Back Live Rates
Contact Details

Contact Numbers

Customer Support

  • Mon-Fri 8:00 AM to 8:00 PM
    Sat-Sun & Holidays :9:00 AM to 6:00 PM

Branch Working Hours

  • Mon-Sat 10:15 AM to 6:00 PM

History of Russian Ruble(RUB): Buy or Sell Russian Ruble at Best Exchange Rates in India

Explore the Russian Ruble’s rich history and stay updated with its current exchange value. Buy, sell, or transfer Russian Ruble at the best rates in India — with fast, secure doorstep delivery nationwide.

Buy Russian Ruble

Overview:

The Russian Ruble has surged nearly 45% against US dollar in 2025, making it one of the strongest currencies in the world. The ruble remains a symbol of Russia’s resilient monetary system against influence of global sanctions and broad economic challenges.

 History of Russian Ruble:

The official currency of Russia is Russian Ruble, which is denoted by the symbol “₽” and currency code “RUB.” The ruble reflects the country’s economic and cultural history. After the Serbian dinar, it is the third-oldest currency in the world. One Ruble is further divided into 100 kopecks.

The imperial Ruble was the currency of Russian Empire until 1917 revolution, after which Soviet Ruble replaced it in 1922. The Soviet Ruble remained in use until 1923, when the Russian Federation introduced the Russian Ruble after the dissolution of Soviet Union.

Currency in circulation:

Notes: 5₽, 10₽, 50₽, 100₽, 200₽, 500₽, 1000₽, 2000₽ and 5000₽.

Evaluation of Ruble:

Inflation: Higher inflation often impacts strength of economy due to weakening expenditure. In 2025, inflation is moderate thus stabilizing Russian ruble.

Monetary policy:To stabilize Russian ruble and inflation rate, the Central Bank of Russia controls the interest rates. Raising interest rates helps in supporting ruble, while a higher inflation rate or economic instability impacts strength of ruble.

Who requires Russian rubble and why is it necessary?

Carrying Russian rubles is necessary for several reasons like:

  1. Business:India ranks second in business tourism to Russia in early 2025. For overseas expenditure, vendor payments or conference expenditure, it is necessary to carry Russian ruble helps in legal compliance with currency regulations in Russia.
  2. Students:Marked by affordable tuition fees and popularity for medical degrees, the number of students has been doubling since 2019. For payment of university fees, living expenses, and deposits, having rubles makes life easier.
  3. Travelers:Tourism nearly doubled with 1.2 lakh people in 2024 from 2023 visiting Russia from India. Knowing the exchange rate of Russian ruble helps in keeping travel within budget.

How to buy or sell Russian Ruble at an affordable exchange rate in India?

Banks: When it comes to buying Ruble or selling Ruble, banks often have multiple components like fixed fees, GST, conversion spread, intermediary charges, etc. However, all these may not be visible way ahead of time before the transaction thus making it a less favorable option.

RBI Licensed Money Changers:Unlike banks, popular money changers like Orient Exchange offer transparency in fees and service without requiring an account for you to buy or sell Russian rubles in India, making it a favorable option.

Why buy or sell Russian Ruble from Orient Exchange?

Reasons to consider Orient Exchange over others:

RBI-Authorized Money Changer (AD-II Category)

Orient Exchange operates under the rules of Reserve Bank of India, ensuring 100% legal and compliant forex transactions.

Best Live Exchange Rate and Transparency:

The online platform updates rates in real time with zero hidden charges, allowing you to lock in the most favorable Russian Ruble rate when buying or selling.

Doorstep Delivery Service

Book your Russian Ruble online and get them delivered safely to your home or office through our verified delivery network in major cities.

Why choosing Orient Exchange would be a smart choice to send money to Russia?

Orient Exchange provides AD2 remittance of Russian ruble for various purposes like education, medical treatment, etc.

Reasons to choose Orient Exchange for send money to Russia over others?

  1. We provide a streamlined process with less paperwork and more flexibility compared to banks.
  2. We offer locking of exchange rates, while most banks don’t provide it, and with banks it's not visible upfront.
  3. We have specialized staff for foreign currency exchange to deal with send money to Russia, while banks mostly lack dedicated support staff.

Conclusion :

The Russian ruble remains one of the resilient currencies in the market. Carrying Russian rubles while traveling abroad certainly helps if you are a student or a traveler or on a business visit. Orient Exchange remains a trustworthy, best exchange rate and reliable way to get your currency exchange done in India.

Other currencies Overview