About this pair
EUR/RUB: what to know
The EUR/RUB rate shows how much RUB you get for 1 EUR. Right now, 1 EUR buys 97.7225 RUB at the mid-market rate. In the other direction, 1 RUB is worth 0.0102 EUR.
In the short term EUR is driven mainly by ECB policy and eurozone growth, while RUB responds to oil and gas prices and sanctions.
The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar. 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.