RUB/ETH: what to know
The RUB/ETH rate shows how much ETH you get for 1 RUB. Right now, 1 RUB buys 0.00000473203 ETH at the mid-market rate. In the other direction, 1 ETH is worth 211,325.85 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while ETH responds to network activity and crypto-market sentiment.
The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century. Ethereum popularised programmable “smart contracts”.
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.