Currency Guide Russia

Currency

Russian Ruble = 100 Kopek(s). Notes are in denominations RUB1000, 500, 100, 50, 10, 5

To view images and descriptions of all these denominations [click here]

Credit Cards

Mastercard, VISA and American Express are widely accepted in all the major cities. However, in the hinterlands they are less widely used and cash is the preferred method of payment.

Currency Regulations

The import and export of foreign currency is free up to USD10,000 or equivalent. Amounts over USD3,000 must be declared.

The import and export of local currencies is limited to RUB50,000.

[Click Here] for more information on doing a money transfer to Russia.

Currency Exchange

Be careful when exchanging money in Russia. Do not change money on the street as there is no need and the risks are too great. Always change money in a bank or currency exchange office, or use one of the numerous cash machines. In the past few years cash machine fraud, where account and PIN information is electronically stolen, has become prominent, so it is safest to use cash machines inside banks. Currency exchange offices are called "obmyen balooti," and they usually advertise their rates in their windows. There are plenty of them in the big cities and their rates tend to be better than in banks. When it comes to travellers cheques American Express and Thomas Cook are the most widely accepted, and there are now offices in all the major cities where you can exchange them for cash.

Banks

The banking hours in Russia vary from bank to bank but generally they are Monday to Saturday 10:00 am to 6:00 or 8:00 pm.

Exchange Rate History

Date   RUB Rate
01/01/02   41.318
01/01/03   47.910
01/01/04   48.581
01/01/05   49.481
01/01/06   46.091

A rough guide to the tourists rates for the Russian Rubles since the beginning of 2002

View Russian Rubles exchange Rate

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