Ruble

The ruble or rouble (Russian ?????; see note on spelling below) is the name of the currencies of the Russian Federation and Belarus (and formerly, of the Soviet Union and the Russian Empire). One ruble is divided into 100 kopeks (????????). The ISO 4217 currency code for the Russian ruble is now RUB; the former code, RUR, refers to the currency prior to 1997 denomination.

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The ruble has been the Russian unit of currency for about 500 years. The word "ruble" is derived from the Russian verb ??????, rubit, i.e., to chop. Historically, "ruble" was a piece of a certain weight chopped off a silver ingot (grivna), hence the name. It was the Russian equivalent of the mark, a measurement of weight for silver and gold used in medieval western Europe.

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