Nominal Ruble Exchange Rate

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Title

Nominal Ruble Exchange Rate

Description

This is a graph of the nominal ruble exchange rate over time. The ruble starts at the strongest level and depreciates over time. When the ruble was first allowed to float in 1998, it depreciated by 75% before stabilizing. The ruble depreciated again by almost 30% during the 2008 financial crisis. Besides those two sharp depreciations, the ruble has been fairly stable.

Creator

Hunter Fortney

Source

"XRNRUSM," Global Financial Database, accessed April 28, 2014, https://www.globalfinancialdata.com/gfdplatform/Analytics.aspx.

Publisher

Global Financial Database

Date

4/28/14

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