1000000 рублей в долларах: A Comprehensive Guide

Introduction

The Russian ruble has been on a rollercoaster ride in recent years, and its value against the US dollar has fluctuated significantly. This volatility has made it difficult for Russians to plan their finances and businesses. In this article, we will take a comprehensive look at the history of the ruble, its current performance, and how to convert 1000000 рублей into US dollars.

History of the Ruble

The ruble has a long and storied history, dating back to the 13th century. The name "ruble" is derived from the Russian word "rubit'," which means "to chop." This refers to the practice of cutting silver bars into smaller pieces to create coinage.

The ruble was first introduced as a currency in the Grand Duchy of Moscow in the 14th century. At that time, it was made of silver and was backed by the government's reserves of precious metals. The ruble quickly became the standard currency of Russia and was used throughout the Russian Empire.

The ruble underwent several changes over the centuries, including the introduction of paper money in the 18th century and the adoption of the gold standard in the 19th century. The gold standard was abandoned in 1914 at the outbreak of World War I.

After the Russian Revolution in 1917, the ruble was replaced by the Soviet ruble. The Soviet ruble was a closed currency, meaning that it could not be freely exchanged for foreign currencies. The Soviet ruble was also subject to strict government controls, which led to shortages and inflation.

The Soviet Union collapsed in 1991, and the Russian ruble was reintroduced as the currency of Russia. The ruble was initially pegged to the US dollar, but this peg was abandoned in 1998, leading to a sharp devaluation of the ruble.

The ruble has since recovered some of its value, but it remains a volatile currency. In recent years, the ruble has been affected by a number of factors, including the global financial crisis, the Russian annexation of Crimea, and the ongoing conflict in Ukraine.

Current Performance of the Ruble

The ruble has been on a downward trend in recent years. In 2014, the ruble lost over 40% of its value against the US dollar. The ruble has continued to decline in value in 2015, and is currently trading at around 65 rubles to the US dollar.

The ruble's decline has been attributed to a number of factors, including the global economic slowdown, the Russian annexation of Crimea, and the ongoing conflict in Ukraine. The Russian government has taken steps to support the ruble, including raising interest rates and intervening in the currency market. However, these measures have had limited success.

How to Convert 1000000 рублей into US Dollars

If you have 1000000 рублей, you can convert them into US dollars using a currency exchange service. There are many currency exchange services available online and offline.

When choosing a currency exchange service, it is important to compare the exchange rates offered by different providers. You should also consider the fees charged by the service.

Once you have selected a currency exchange service, you will need to provide them with your рублей. You can do this by wire transfer, credit card, or cash. The currency exchange service will then send you your US dollars.

Conclusion

The ruble has a long and storied history, and its value against the US dollar has fluctuated significantly in recent years. The ruble's decline in value has been attributed to a number of factors, including the global economic slowdown, the Russian annexation of Crimea, and the ongoing conflict in Ukraine. If you have 1000000 рублей, you can convert them into US dollars using a currency exchange service.