About this pair
RUB/CAD: what to know
The RUB/CAD rate shows how much CAD you get for 1 RUB. Right now, 1 RUB buys 0.0165 CAD at the mid-market rate. In the other direction, 1 CAD is worth 60.7368 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while CAD responds to oil prices and the US economy.
The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century. 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”.
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.