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Currency history

Russian ruble — Muscovite, Imperial, Soviet and Russian account continuity

Russian ruble: a currency still in use.

Dates in use
Still in use; introduction date not established here
Currency code
RUB
Ancestry branch
Russian ruble

Its place in the family

All ancestors and descendants ↗
Russian ruble — Muscovite, Imperial, Soviet and Russian account continuity: documented and qualified family connections PARENTS THIS CURRENCY CHILDREN Estonian interwar currency — mark and kroonEstonian interwar currency 1940 · DocumentedLater contribution or absorptionEstonia introduced Soviet rubles at 1.25Documented connection · 1940 · Estonia introduced Soviet rubles at 1.25 rubles per kroon. Kroons temporarily co-circulated; the displayed ratio is kroons per ruble. Lithuanian litas — interwar currencyLithuanian litas 1940 · DocumentedLater contribution or absorptionDocumented connection · 1940 Estonian kroon — restored 1992 currencyEstonian kroon 1992 · DocumentedEstonia generally exchanged 10 rubles perkroon. Cash above 1,500 rubles used 50:1;Documented connection · 1992 · Estonia generally exchanged 10 rubles per kroon. Cash above 1,500 rubles used 50:1; do not apply 10:1 to every holding. Latvian ruble — temporary 1992 currencyLatvian ruble 1992 · DocumentedLatvian rubles entered alongside Sovietand Russian notes at 1:1. The inheritedDocumented connection · 1992 · Latvian rubles entered alongside Soviet and Russian notes at 1:1. The inherited ruble-zone unit, not the later 1998 Russian ruble scale. Lithuanian talonas — temporary currency 1992–1993Lithuanian talonas 1992 · DocumentedLithuania replaced rubles with talonas at1:1.Documented connection · 1992 · Lithuania replaced rubles with talonas at 1:1. Russian ruble — Muscovite, Imperial, Soviet and Russian account continuityRussian ruble RUB

The diagram shows up to three parents and three children. Every direct connection is listed below.

Parents 2

Russian ruble

This currency

Children 16

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The story

The Bank of Russia’s release ends payment use of specified old notes and coins from 1 January 1999 and describes their exchange for 1997-series money at 1, 000:1. [1]

Its stated exchange horizon is historical policy; this dossier does not infer present redemption availability or a new ruble species from the scale change. [2]

The Russian ruble scale changed at 1, 000 old rubles per new ruble. [3]

Turning points

Account-unit observation

Glinskaya’s reform standardized the inherited monetary system; the ruble was an account quantity of 100 kopecks. Efimov traces this system into Peter’s reign. [4]

Account-unit observation

Peter’s reform altered an existing ruble system and expressed inherited account denominations in coins. Surviving accounts distinguish old money accepted, new money issued, and profit. [5]

Account-unit observation

The 1839 manifesto restores the 1810 rule, retains the current silver ruble and subdivisions, and requires public and private accounts on that basis; assignment rubles convert at 3.5 per silver ruble. [6]

Account-unit observation

The July 1993 reform withdrew earlier banknote types, retained Soviet coins and required organizations to credit surrendered cash to existing accounts. This supports treating it as cash replacement within the ruble account continuity. [7]

Old scale cash withdrawal

The Bank of Russia’s release ends payment use of specified old notes and coins from 1 January 1999 and describes their exchange for 1997-series money at 1, 000:1. Its stated exchange horizon is historical policy; this dossier does not infer present redemption availability or a new ruble species from the scale change. [1] [2]

Old cash withdrawal

Specified old-scale Russian cash ceased payment use after the transition year. Withdrawal does not create another currency; historical exchange rights are not current advice. [8]

Sources and evidence

  1. Bank of Russia · On the procedure for cash exchange by individuals C488 ↗
  2. Bank of Russia · On the procedure for cash exchange by individuals C489 ↗
  3. Bank of Russia · History of the Bank of Russia C912 ↗
  4. Bank of Russia Museum · Первые леди — section 3, Женщина-реформатор; Artem V. Efimov · Peter the Great’s Monetary Reform and Money Supply in Russia in 1698–1711, HSE WP BRP 175/HUM/2019 C1751 ↗
  5. Artem V. Efimov · Peter the Great’s Monetary Reform and Money Supply in Russia in 1698–1711, HSE WP BRP 175/HUM/2019 C1752 ↗
  6. Nicholas I; text quoted in A. N. Bayura · Manifesto of 1 July 1839, in Бумажно-денежное обращение на территории Беларуси в XVIII–XX веках; Y. P. Bokarev, A. N. Bokhanov, V. L. Stepanov, Y. A. Petrov, L. A. Katykhova · Русский рубль. Два века истории. XIX–XX вв (1994) C1753 ↗
  7. Bank of Russia, primary telegram reproduced on Wikisource · Telegram 131-93, 24 July 1993, withdrawal of notes dated 1961–1992 C1494 ↗
  8. Bank of Russia · On the procedure for cash exchange by individuals C913 ↗

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Cite this page

“Russian ruble — Muscovite, Imperial, Soviet and Russian account continuity.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/FTM000349.html

Editorial evidence supplement · Download dataset v44

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