The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
RUB to EUR Market Data
Russian ruble (RUB) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the RUB to EUR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Russian ruble against the Euro is to review how the RUB/EUR rate has changed over time.
The table below shows the percentage change in the RUB to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The EUR to RUB exchange rate shows a bearish bias as recent data indicates downward pressure on the euro and ongoing challenges for the ruble.
Key drivers...
Recent forecasts regarding the RUB to USD exchange rate reflect a complex interplay of domestic economic factors in Russia and broader international monetary dynamics.
Current market bias: Bearish.
Key drivers:
- The European Central Bank is maintaining a cautious interest rate policy, while the Bank of Russia plans to lower its already high rates, creating pressure on the ruble.
- The eurozone faces economic growth concerns, partly due to the ongoing war in Ukraine.
- Inflation is a factor, with the eurozone under pressure while Russia aims for lower inflation.
Near-term range: The EUR/RUB exchange rate is expected to remain stable but volatile as geopolitical risks and economic policies continue to evolve.
What could change it: An upside risk is stronger-than-expected economic growth in the eurozone, while downside risks may include sanctions against Russia that could lead to further instability.
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The EUR/RUB exchange rate is on a bearish trend due to the cautious stance of the ECB and the Bank of Russia's planned rate cuts. Eurozone growth concerns and inflation pressures complicate matters. Upside risks could come from better-than-expected eurozone growth, while sanctions against Russia pose downside risks
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RUB to EUR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Russian ruble are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different RUB amounts at today’s rate * :
What is the
best Send Money conversion rate for RUB to EUR?
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Russian ruble (RUB) to Euro (EUR) rates from different sources before making a conversion.
The above
Ruble to Euro comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest RUB-EUR mid-rate and the possible savings of using various providers.
How do RUB-EUR rates compare between providers?
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.