XPD/RUB: what to know
The XPD/RUB rate shows how much RUB you get for 1 XPD. Right now, 1 XPD buys 109,801.21 RUB at the mid-market rate. In the other direction, 1 RUB is worth 0.00000910737 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while RUB responds to oil and gas prices and sanctions.
Palladium is used mainly in petrol-engine catalytic converters. 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.