Convert USD to RUB - US Dollar to Russian ruble Exchange Rate | FX LeadersFX Leaders
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WHAT IMPACTS THE USD/RUB EXCHANGE RATE
The USD/RUB trades the US dollar against the Russian ruble and is the most popular currency pair for forex traders who like to trade the RUB. This currency pair enjoys a close, negative correlation with crude oil prices as crude oil is one of Russia's most important exports. Being a key contributor to its economy, fluctuations in crude oil prices can drive strong moves in the value of the RUB. When crude oil prices fall, the Russian ruble weakens, turning USD/RUB bullish, and vice versa.In addition, the exchange rate of USD/RUB also sees significant change on the release of key economic data from the US and Russia. Some important economic events that drive price action in this forex pair include the release of GDP, employment, inflation and CPI. The Russian Ruble is also sensitive to geopolitical tensions, especially around Ukraine and anything that can affect crude oil.Monetary policy decisions by the Fed and the Bank of Russia can also cause changes to the value of the US dollar and the Russian ruble respectively. For instance, when the Fed hikes interest rates, the USD strengthens, causing USD/RUB to trade bullishly, and vice versa.
USD to RUB CONVERSION RATES
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USD to RUB CHARTS
USD/RUB Live Chart
USD/RUB Historical Chart
USD to RUB EXCHANGE RATE - FAQ
How volatile are USD and RUB?

On average, the USD/RUB sees a movement of around 8,700 pips, making it a very volatile currency pair.

How safe is it for new forex traders to trade USD/RUB?

This currency pair is among the more volatile ones in the global forex market even though the USD is one of the most stable currencies, making it a challenging pair to trade. This is because the RUB is a very volatile currency, easily impacted by several factors, such as crude oil prices, geopolitical tensions like unrest in Ukraine and sanctions against Russia.

What was the highest exchange rate for USD/RUB this year?

The USD/RUB touched a high of 79.9435 on 29 September 2020, the strongest this currency pair has traded so far this year.