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EUR to RUB 2026 Forecasts

Analysis of recent euro → ruble forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Euro to Russian ruble performance and trends.

 

The current market bias for the EUR/RUB exchange rate is bearish. Key drivers include:

  • The Bank of Russia's planned interest rate cut from 17.5% to 12.0-13.0% in 2026, indicating reduced monetary tightening.
  • Expected sluggish economic growth in Russia, forecasted between 0.5% and 1.5% in 2026, may weaken the ruble's performance.
  • The eurozone's GDP growth is projected to be 1.6% for 2026, buoyed by fiscal measures, which can support the euro against the ruble.

The near-term trading range for EUR/RUB suggests continued fluctuations around current prices, likely remaining within a stable range impacted by recent moves. Significant upside risks include potential geopolitical resolutions that could favor the euro. Conversely, downside risks are tied to global oil price volatility, which influences the ruble's strength; current oil prices have shown high volatility but remain a critical factor for Russia.

EUR-RUB Rate Calculator

 
   
   
   
   
 
   
 
 

EUR to RUB Market Data

Euro (EUR) to Russian ruble (RUB) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell EUR   →   Buy RUB
1 EUR =
94.21We compare provider deals to this wholesale mid-market rate. Read more
RUB
1d−0.9%▼
 
EUR to RUB at 94.09 is 1.3% above its 3-month average of 92.85, having traded in a relatively stable 7.3% range from 88.49 to 94.97
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  1 RUB = 0.010615 EUR

Compare & Save - Euro to Russian ruble

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to Russian ruble (RUB) rates from different sources before making a conversion.

Use our EUR to RUB calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Euro to Ruble currency rates and the possible savings of using various providers.

 
 

Will the Euro rise against the Russian ruble?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Euro vs Russian ruble current value is to look the EUR/RUB historic rate and change over a range of periods.

The following table looks at the change in the EUR to RUB exchange rate over periods from the previous week back to the last 10 years.

DateEUR/RUBChangePeriod
24 Dec 2025
93.02
1.2% ▲2 Week
09 Oct 2025
93.88
0.3% ▲3 Month
07 Jan 2025
110.91
15.1% ▼1 Year
08 Jan 2021
90.53
4% ▲5 Year
10 Jan 2016
82.20
14.5% ▲10 Year
12 Jan 2006
34.40
173.7% ▲20 Year
EUR/RUB historic rates & change to 07-Jan-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/RUB to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more