RUB/LTC: what to know
The RUB/LTC rate shows how much LTC you get for 1 RUB. Right now, 1 RUB buys 0.000215969 LTC at the mid-market rate. In the other direction, 1 LTC is worth 4,630.30 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while LTC responds to 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. Litecoin was created in 2011 as the “silver to Bitcoin’s gold”.
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.