Currency

The official currency of Russia is Rouble (code RUB), divided into 100 kopeks. Available notes are in denominations of 5,000, 1,000, 500, 100, 50 and 10 roubles. Coins come in denominations of 10, 5, 2 and 1 roubles, and 50, 10, 5 and 1 kopeks. All notes and coins issued before 1998 are no longer in use.

Foreign Currency Exchange

Russia is mainly a cash economy and travelers who plan to spend there more than a day will need to obtain roubles. Other currencies are generally not acceptable for payment.

Foreign currency can be exchanged at banks or at money exchange offices which are abundant in big cities. Some hotels and larger stores will also exchange money, but they usually have worse rates. Rates at exchange offices are often better but travelers should be careful since some places advertise great rates that only apply when exchanging large amounts.

In Moscow and St Petersburg many major world currencies will be accepted but outside these cities US dollars and euros are often the only option. Passport is often required when exchanging money (particularly at banks).

ATMs

Automated Teller Machines (ATMs) are widely available in cities. Most ATMs in larger cities (Moscow, St Petersburg) accept international credit and debit cards.

Credit Cards

Major credit cards, such as Visa and MasterCard, are accepted in larger hotels and restaurants, larger stores or many stores at popular tourist destinations. American Express credit cards are rarely accepted outside Moscow and St Petersburg. Cash is a preferred payment option in Russia.

Traveler's Checks

Traveler's checks are not common in Russia. Some banks will accept them if they are in major currencies, such as US dollars or euros. Travelers to Russia should not entirely rely on the travelers checks to obtain cash.

Banking Hours

Typical banking hours in Russia are from 9:30am to 5:30pm, Monday to Friday.

Current Russian Ruble Rates

For other currencies or conversion amounts go to Currency Converter