Convert 1 Us Dollar Equal To Russian Ruble
Are you planning to visit Russia or do business with Russians? Then, it is essential to know the exchange rate of US Dollar and Russian Ruble. The exchange rate between the two currencies is not fixed and changes every day. In this article, we will discuss how to convert 1 US Dollar equal to Russian Ruble.
What is US Dollar?
The US Dollar is the official currency of the United States of America. It is the most traded currency in the world and is used as a reserve currency by many countries. The US Dollar is abbreviated as USD and is represented by the $ sign.
What is Russian Ruble?
The Russian Ruble is the official currency of Russia. It is abbreviated as RUB and is represented by the ₽ sign. The Ruble is the 18th most traded currency in the world.
How to Convert 1 US Dollar Equal to Russian Ruble?
There are various ways to convert 1 US Dollar equal to Russian Ruble. The easiest way is to use an online currency converter. You can find many free currency converters on the internet. Here are the steps to use an online currency converter:
- Go to an online currency converter website
- Select USD as the currency you want to convert from
- Select RUB as the currency you want to convert to
- Enter the amount of USD you want to convert
- Click on the convert button
Current Exchange Rate
The exchange rate between USD and RUB changes every day. As of August 2021, 1 US Dollar is equal to approximately 73.37 Russian Rubles.
Factors Affecting Exchange Rate
The exchange rate between USD and RUB is affected by various factors such as:
- The supply and demand of both currencies
- The economic and political stability of both countries
- The interest rates set by the central banks of both countries
- The inflation rates of both countries
- The global economic conditions
Why is it Important to Know the Exchange Rate?
If you are planning to visit Russia or do business with Russians, it is important to know the exchange rate between USD and RUB. Knowing the exchange rate will help you to:
- Calculate the cost of goods and services in Russia
- Compare the prices of goods and services in Russia with your home country
- Make informed decisions about currency exchange
- Prevent fraud and scams related to currency exchange
Conclusion
Converting 1 US Dollar equal to Russian Ruble is easy with the help of an online currency converter. The exchange rate between the two currencies changes every day and is affected by various factors such as supply and demand, economic and political stability, interest rates, inflation rates, and global economic conditions. Knowing the exchange rate is important if you are planning to visit Russia or do business with Russians.