About this pair
CAD/RUB: what to know
The CAD/RUB rate shows how much RUB you get for 1 CAD. Right now, 1 CAD buys 60.7368 RUB at the mid-market rate. In the other direction, 1 RUB is worth 0.0165 CAD.
In the short term CAD is driven mainly by oil prices and the US economy, while RUB responds to oil and gas prices and sanctions.
The Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”. The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.