About this pair
ETH/RUB: what to know
The ETH/RUB rate shows how much RUB you get for 1 ETH. Right now, 1 ETH buys 211,338.48 RUB at the mid-market rate. In the other direction, 1 RUB is worth 0.00000473175 ETH.
In the short term ETH is driven mainly by network activity and crypto-market sentiment, while RUB responds to oil and gas prices and sanctions.
Ethereum popularised programmable “smart contracts”. The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.