LTC/RUB: what to know
The LTC/RUB rate shows how much RUB you get for 1 LTC. Right now, 1 LTC buys 4,626.42 RUB at the mid-market rate. In the other direction, 1 RUB is worth 0.000216150 LTC.
In the short term LTC is driven mainly by crypto-market sentiment, while RUB responds to oil and gas prices and sanctions.
Litecoin was created in 2011 as the “silver to Bitcoin’s gold”. 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.