Exchange Rate in Russia

Russia Exchange Rate (aop) | Economic News & Forecasts

Russia - Exchange Rate (average of period)

Ruble rallies at start of 2019

The Russian ruble recovered lost ground against the U.S. dollar at the beginning of the new year, after weakening sharply at the end of 2018 due to low oil prices. On 1 February, the ruble ended the day at 65.4 per USD, up 6.1% from the same day last month. Despite this year’s gains, the ruble was still down 17.0% against the USD from the same day of last year, after weakening sharply due to sanctions-related woes.

The currency’s strengthening was supported by a robust current account surplus. Depressed imports and solid oil exports caused the current account surplus to come in at nearly USD 40 billion in the fourth quarter of 2018, the best result since Q2 2012. In addition, cautious monetary policy is also helping to shore up the ruble.


Russia Exchange Rate Forecast


The FocusEconomics panel sees the ruble losing some ground by the end of the year, as geopolitical concerns weigh on sentiment. The Consensus Forecast predicts the ruble will end the year at 67.29 per USD and end 2020 at 68.46 per USD.

Russia - Exchange Rate (aop) Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD, aop)31.85  38.42  61.06  67.05  58.33  

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Russia Exchange Rate (aop) Chart


Russia Exchange Rate
Note: Russian Ruble (RUB) per U.S. dollar.
Source: Thomson Reuters.

Russia Facts

ValueChangeDate
Bond Yield6.380.13 %Nov 21
Exchange Rate64.02-0.12 %Nov 21
Stock Market2,943-1.03 %Nov 21

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