Convert Russian Ruble to New Zealand Dollar
Please provide values below to convert Russian Ruble [RUB] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Russian Ruble.
How to Convert Russian Ruble to New Zealand Dollar
1 RUB = 46.980467345716 NZD
Example: convert 15 RUB to NZD:
15 RUB = 15 × 46.980467345716 NZD = 704.70701018574 NZD
Russian Ruble to New Zealand Dollar Conversion Table
Russian Ruble | New Zealand Dollar |
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Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.