94.34 RUB
-0 (-0.31%)

USDRUB Key Statistics

Open price
94.6364
High today
95.3396
Low today
94.24
52 Week high
95.3396
52 Week low
81.8605
Trading hours
-12:00
-11:00
-10:00
-09:00
-08:00
-07:00
-06:00
-05:00
-04:00
-03:00
-02:00
-01:00
UTC 00:00
+01:00
+02:00
+03:00
+03:30
+04:00
+04:30
+05:00
+05:30
+05:45
+06:00
+07:00
+08:00
+09:00
+09:30
+10:00
+11:00
+12:00
+12:45
+13:00
+14:00
UTC 00:00
Symbol trading specification
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EURAUD
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EURCAD
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EURCHF
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EURMXN
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EURNZD
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EURPLN
4.316 
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EURRUB
103.322 
-0.75 (-0.72%)  
EURSEK
11.378 
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EURSGD
1.431 
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EURTRY
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GBPAUD
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1.781 
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10.191 
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195.082 
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GBPNZD
2.13 
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GBPUSD
1.312 
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NZDCAD
0.836 
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NZDCHF
0.529 
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NZDJPY
91.573 
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NZDUSD
0.616 
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USDCAD
1.357 
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USDCHF
0.858 
+0.01 (+0.73%)  
USDCNH
7.098 
+0.05 (+0.68%)  
USDCZK
23.073 
+0.15 (+0.66%)  
USDDKK
6.792 
+0.03 (+0.47%)  
USDHKD
7.766 
-0.00 (-0.01%)  
USDHUF
365.596 
+1.74 (+0.48%)  
USDILS
3.806 
+0.02 (+0.61%)  
USDJPY
148.655 
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USDKRW
1 333.2 
+14.40 (+1.09%)  
USDMXN
19.272 
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USDNOK
10.655 
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USDPLN
3.933 
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USDRUB
94.34 
-0.30 (-0.31%)  
USDSEK
10.367 
+0.06 (+0.62%)  
USDSGD
1.304 
+0.01 (+0.63%)  
USDTRY
34.261 
+0.03 (+0.09%)  
USDZAR
17.471 
-0.01 (-0.08%)  

About USDRUB

The US Dollar vs. Russian Ruble is a currency pair traded on the forex market. It represents the currency of two rival economies of the world, i.e., the USD, the currency of America, and the Ruble, the currency of Russia.

What is USDRUB?

The USDRUB is an exotic pair where the USD serves as the base currency and the RUB as the quoted currency. The USD is the world's strongest currency on the forex market and is a benchmark for many countries. Besides, it is also a reserve currency, and when there's uncertainty in the market, traders seek refuge in USD. Therefore, it's a safe haven for traders and investors. On the other hand, Russia is also a strong economy and one of the world's leading crude oil producers. Any oil value changes directly impact the currency and the currency pair. Besides oil prices, several other factors also cause the exchange rate to change with time. These factors include geopolitical situations, interest rates, and economic development. Understanding these aspects is vital for those who want to know how to invest in USDRUB.

How does USDRUB work?

The currency pair works by trading on various platforms, like SimpleFX. First, the trader needs to open an account. SimpleFX provides a demo account where investors can learn how to trade USDRUB. It gives access to the simulation of real-time market conditions without financial risks. The currency pair works via trading the pair in the forex market. Trading involves buying the pair, which means purchasing USDs or selling the pair, which means selling USDs. The traders perform these actions using various strategies such as scalping, carry trading, hedging, trend trading, breakout trading, range trading, etc. In this way, they take advantage of the market conditions, manage risk, and generate profit from the price movements.

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