About this pair
RUB/GBP: what to know
The RUB/GBP rate shows how much GBP you get for 1 RUB. Right now, 1 RUB buys 0.00877659 GBP at the mid-market rate. In the other direction, 1 GBP is worth 113.9395 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while GBP responds to Bank of England policy and the UK 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 British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
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.