The currency used in Russia is the Russian ruble (рубль), which is divided into 100 kopeks (копейка) . The ruble has been used in the Russian territories since the 14th century and is the second-oldest currency still in circulation, behind sterling. It was initially an uncoined unit of account, but it became a circulating coin in 1704, just before the establishment of the Russian Empire. The ruble was also the first currency in Europe to be decimalized in 1704, when it was divided into 100 kopecks. Following the dissolution of the Soviet Union in 1991, a new set of coins was issued in 1992, and a new set of banknotes was issued in the name of Bank of Russia in 1993. The currency replaced the Soviet ruble at par and was assigned the ISO 4217 code RUR and number 810.

If you are traveling to Russia, it is recommended to bring rubles or withdraw them from ATMs, as they are widely accepted in the country. It can be difficult to find a place to exchange other currencies, and exchange places at the airport will likely give you a bad rate. Some places may offer to accept dollars or euros, but this is illegal and unnecessary. If you want to exchange money prior to your trip, most banks dont have Russian rubles in stock, so its best to take dollars or euros, which are widely accepted at currency exchange places all around the country.