About this pair
XAG/RUB: what to know
The XAG/RUB rate shows how much RUB you get for 1 XAG. Right now, 1 XAG buys 5,400.27 RUB at the mid-market rate. In the other direction, 1 RUB is worth 0.000185176 XAG.
In the short term XAG is driven mainly by industrial demand and precious-metal trends, while RUB responds to oil and gas prices and sanctions.
“XAG” uses silver’s Latin symbol Ag (argentum). 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 precious metal, the rate reflects global bullion prices per troy ounce. 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.