ruble Meaning, Definition & Usage

Ru"ble noun

Etymology

Russ. ruble.

Definitions

1. The unit of monetary value in Russia. and, 1917-1992, in the Soviet Union It is divided into 100 copecks, and in the gold coin of the realm (as in the five and ten ruble pieces) is worth about 77 cents. The silver ruble is a coin worth about 60 cents. Written also rouble. After the severe inflation of 1992-1996, the ruble is now exchanged at 5000 rubles to the dollar. Th Kopeck is no longer minted or used in trade, the smallest coin (1996) being the ruble.