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| The '''ruble''' or '''rouble''' (''рубль'') is the ] of the ] (and formerly, of the ]). One ruble can be divided into 100 '''kopeks''' (''копе́йка''). | The '''ruble''' or '''rouble''' (''рубль'') is the ] of the ] (and formerly, of the ]). One ruble can be divided into 100 '''kopeks''' (''копе́йка''). | ||
Revision as of 16:59, 22 March 2004
The ruble or rouble (рубль) is the currency of the Russian Federation (and formerly, of the Soviet Union). One ruble can be divided into 100 kopeks (копе́йка).
The ruble has been the Russian unit of currency for many centuries. The regular ruble minting began in 1704. First rubles were silver. Some 19th century coins were platinum. The gold ruble introduced in 1897 was equal to 0,774235 g of gold. The Soviet ruble of 1961 was theoretically equal to 0,987412 g of gold. Rubles no longer have a connection to gold.
10 rubles are sometimes informally named chervonets (черво́нец). Formerly it was a 3-ruble gold coin and later a 10-ruble bill.
Presently all Russian paper money are printed at the state-owned factory Goznak, which was organized by Bolsheviks on June 6, 1919 and has continued to operate ever since.
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