Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

Russian ruble Markets

RUB Currency Update - Our review of Russian ruble forecasts and news plus charts and historic rates. Check RUB Trends over various time periods.

 

The recent performance of the USD to RUB exchange rate shows the U.S. dollar strengthening to 7-day highs near 78.53, though it is still 1.5% below the 3-month average of 79.71. Analysts have noted significant volatility in the market, with the exchange rate trading within a 10.5% range between 75.31 and 83.20. The dollar's recovery has been bolstered by positive retail sales figures and a strong consumer sentiment index, indicating resilience in the U.S. economy.

Market experts emphasize that the strength of the USD is often linked to Federal Reserve policies, particularly interest rate decisions. Recent shifts towards a more favorable outlook for U.S. economic data have attracted investor interest, thereby increasing demand for the dollar. As the dollar rises, the ruble faces challenges, particularly given its previous downturn in value following geopolitical instability and economic sanctions.

On the ruble's side, Currency analysts highlight that the forex market remains sensitive to oil price fluctuations, as rising oil prices typically bolster the ruble, given Russia's substantial oil exports. Currently, oil is trading at 69.28, which is 2.9% above its 3-month average of 67.33, but the commodity has seen volatility, with a range of movement from 60.14 to 78.85 in recent months.

Going forward, the future trajectory of the USD to RUB exchange rate seems heavily influenced by the interplay between U.S. economic performance, Federal Reserve actions, and external factors such as geopolitical events and oil prices. Experts suggest that as long as the current trends in U.S. economic data and geopolitical tensions persist, the dollar may continue to show strength against the ruble, which remains vulnerable amid ongoing economic challenges.

 

US dollar to Russian ruble - USD/RUB Trend

 
USD to RUB is at 7-day highs near 78.53, 1.5% below its 3-month average of 79.71, having traded in a quite volatile 10.5% range from 75.31 to 83.20
|
 
1 USD =
78.53We compare provider deals to this wholesale mid-market rate. Read more
RUB
 
+0.6%
 
Track Rate

View My Rate Tracker

   
 

Compare & Save on Exchange Rates

Exchange rates can vary significantly between banks and currency exchange providers, so it's important to compare rates from different sources before making a conversion.

The below table makes it easy to calculate and compare the Total Cost you are being charged on currency rates and the possible savings of using a foreign exchange provider rather than your bank.

 

Loading exchange rates...