All about the gold price chart in rubles. Dynamics of the US dollar exchange rate Dollar exchange rate for the last 10
This page presents the official dollar exchange rate, which was established by the Central Bank of the Russian Federation. Also, for your convenience, there are graphs of exchange rate dynamics according to the Central Bank data and changes by date.
Data is updated every minute.
Let us remind you that the US dollar (usd) is accepted in almost all countries
By subscribing to updates, you can always follow the official dollar exchange rate in the Central Bank online and track adjustments for the month. Information from the central bank will be of interest to citizens of various categories: businessmen, investors, business owners.
One of the ways to make money on the difference in the dollar exchange rate is to trade on the Forex currency market, which requires training and serious experience, as well as the installation of special software. You can make a significant profit by playing on the difference in the dollar exchange rate only if you put a fairly large amount of money into circulation. The risks of such operations are very high; you should think seriously before plunging into the abyss of currency speculation.
Why is it impossible to make payments in dollars in Russia?
There are certain types of payments that are allowed to be carried out in Russia in dollars, but for the most part they concern legal entities.
In order to increase the level of economic development and international authority, Russia is interested in ensuring the stability of its national currency, therefore transactions with dollars are limited.
The official dollar exchange rate of the Central Bank of the Russian Federation in Russia today, August 20, 2019, 18:02, is 65.8907 rub. (1 USD = 65.8907 rubles). The Bank of Russia dollar exchange rate for tomorrow, August 21, 2019, is set at 66.784 rub. Below on this page you can see a graph of the dynamics of the dollar exchange rate to the Russian ruble (USD/RUB) for a week, a month, a quarter, for a year and for all time, find out the exchange rate for a given date, and also find out when, how and why the Central Bank sets the official rate.
Dollar exchange rate of the Central Bank of the Russian Federation for today, August 16, 2019 (Friday): 65.8907 rubles.
The official dollar exchange rate of the Bank of Russia for today, August 20, 2019, 18:02, is 65.8907 rub. Compared to the previous working day, the Central Bank increased the dollar exchange rate in Russia by 0.6875 rub. (1.04%).
Dollar exchange rate of the Central Bank of the Russian Federation for tomorrow, August 21, 2019 (Wednesday): 66.784 rubles.
The official dollar exchange rate of the Bank of Russia for tomorrow, August 21, 2019, is 66.784 rub. Compared to the previous working day, the dollar exchange rate increased by 0.8933 rub. (1.36%).
Dynamics of the dollar exchange rate in Russia - Graph
The minimum value of the dollar exchange rate according to the Central Bank of the Russian Federation in 2019 was 62.5229 67.192 rub. Since the beginning of the year, the dollar exchange rate has strengthened by 1.1888 rub. (1.8%).
The minimum value of the dollar exchange rate according to the Central Bank of the Russian Federation for the current month was 63.4172 rub., maximum value - 66.784 rub. Over the month, the US dollar fell in price against the Russian ruble by -2.4735 rub. (-3.75%).
Archive of the dollar exchange rate of the Central Bank of the Russian Federation for the selected date
In this table you can see the dynamics of the dollar exchange rate in Russia by day for a given date.
When and how does the Central Bank set the official ruble exchange rate?
The Central Bank sets the US dollar/ruble exchange rate for tomorrow every weekday. The established rate begins to be effective on the next calendar day after the day of establishment and remains in force until the next established rate comes into effect. The data is published on the regulator’s website until 15:00 Moscow time (usually this happens around 14:00)
Let's look at an example: on Tuesday, the Bank of Russia set the dollar exchange rate for Wednesday. This is the dollar exchange rate for tomorrow. In this case, on Tuesday, the rate for today is the rate set on Monday. On Wednesday, the rate for today becomes the rate set on Tuesday, and the rate for tomorrow (Thursday) is published on Wednesday at around 14:00 Moscow time.
A separate logic applies on weekends and holidays. So, on Friday, the Central Bank of the Russian Federation sets the exchange rate for tomorrow, which is valid on Saturday, Sunday and Monday. The new rate for tomorrow will be published only on Monday afternoon and will come into force on Tuesday. A similar logic applies to holidays.
How is the Central Bank exchange rate formed? To do this, the regulator averages quotes for the USDRUB pair in trading on the currency section of the Moscow Exchange during the index session (from 10:00 Moscow time to 11:30 Moscow time). Then, based on the dollar exchange rate, the Bank of Russia forms the official rates of other 33 currencies. The exchange rate of the ruble depends on supply and demand in the market.
Why do we need the official dollar exchange rate, since it quickly becomes outdated and does not “keep up” with the real dynamics of the foreign exchange market? It is a standard for government agencies when preparing reports, and also serves as a convenient reference point for people who are far from the world of stock exchange news.
Average monthly dollar exchange rate of the Central Bank of the Russian Federation 2017, 2018, 2019
The average dollar exchange rate according to the Central Bank of the Russian Federation for the current year is 64.8639 rubles. The average dollar exchange rate for the current month is at the level of 65.2761 rubles.
News from the foreign exchange market is becoming more and more depressing every day. In just 2 years, the exchange rate of the Russian currency against the dollar and euro has depreciated as much as it has not depreciated since the 1998 crisis. And, apparently, this is not the limit.
However, in the history of relations between Russian and American money there have been worse times. Let's look at how the dollar-ruble exchange rate has changed over the past 100 years and what caused these changes.
Let's choose 1897 as our starting point - it was at this time that the famous monetary reform of Finance Minister Sergei Witte was carried out in Russia. Then the ruble, following the English model, was tied to gold and its fixed rate was established - one dollar began to cost 1.94 rubles and this figure did not change until 1916.
With the outbreak of World War I, inflation began in Russia and the exchange rate had to be released. As a result, it jumped to 6.7 rubles per dollar, but these were still flowers compared to what was happening with Russian money after the revolution.
In 1917, the dollar was worth 11 rubles, in 1920 - 256 rubles, and by 1922 - 2083 rubles. The national currency reached its absolute minimum in 1923, when one dollar became equal to 2,352,941 rubles.
Hyperinflation was caused by the policy of war communism and complete financial disorder - several types of different money were in use in the country, including those of completely non-state origin.
The population increasingly preferred to use natural exchange - grain and salt were accepted in the markets, and money lost its value every day. In 1921, the real value of 100 thousand Sovznak (monetary units of that time) was equal to one pre-revolutionary kopeck.
The communists began to implement a plan to restore the financial economy together with the New Economic Policy (NEP) proclaimed in 1921. In 1922, a monetary reform was announced, which involved the denomination and unification of banknotes. In Russian, denomination is when several digits are removed from a banknote to simplify calculations. Moreover, the cost remains the same. Let’s say it was 10,000 rubles and you bought a loaf of bread for this price; after denomination, a loaf of bread costs 10 rubles, i.e. the price for the product remains the same.
The State Bank, responsible for issuing money, was reorganized. It was also decided to restore the gold backing of the ruble; for this, the first hard currency was introduced - the Soviet chervonets, equal to 10 royal rubles.
Despite the fact that the Soviet Union was initially built on the principles of economic autonomy, due to its technological backwardness the country was heavily dependent on imports.
At the same time, she could not pay in chervonets with Soviet symbols - the West had not yet recognized the statehood of the USSR and refused to accept money with a hammer and sickle. This forced the authorities to mint special coins with the image of Tsar Nicholas II, who was executed in 1918. These coins were intended exclusively for payments abroad.
As a result of reform and several denominations, the new Soviet ruble of 1924 was equal to 1 billion rubles issued before 1922. Only by this time the value of Soviet money had stabilized - this caused a wave of approval in society. Vladimir Mayakovsky even wrote a poem about this:
And a new paper ticket,
Now
Between them
No difference.
Take it,
Which piece of paper tastes better -
Now paperwork has a solid course.
As for the ruble exchange rate to the American currency, by 1924, after all its somersaults, it was set at 2.22 rubles per dollar. But the very next year the rate fell to 1.94 rubles, and by 1935 it had completely dropped to 1.15 rubles per dollar.
At this time, the United States was experiencing the Great Depression and the American currency depreciated for a long time. Since the amount of money in circulation was limited by gold reserves, and there were more and more goods on the market, prices inevitably fell and the dollar lost its value. This became one of the main reasons for the global crisis of that time.
But the music for the Soviet ruble did not play for long - by 1936 the dollar began to grow again. The authorities decided to link the value of the ruble to the franc, as a result of which the exchange rate to the American currency became approximately 5 rubles per dollar.
In 1937, the USSR established the calculation of the value of the ruble on the basis of American currency, and until 1950 the exchange rate was fixed at 5.3 rubles per dollar. During World War II, the course did not change - the countries had no time for that.
In 1950, dollar calculation was abolished and the Soviet currency again became directly tied to gold - one ruble was backed by 0.222168 grams of the precious metal. For 10 years, the official ruble to dollar exchange rate was exactly 4 to 1.
In 1960, the Khrushchev monetary reform was carried out in the USSR. According to official propaganda, the essence of the reform was a simple denomination of the ruble - the denomination of money, prices and tariffs were reduced by 10 times for more convenient circulation.
In fact, at the same time, the devaluation of the Soviet currency was carried out. But the value of the ruble relative to gold and the dollar decreased by about 4.44 times, instead of 10. Thus, the real value of the savings of Soviet citizens relative to the cost of foreign goods and services depreciated by about half.
Since the population had practically no access to either foreign currency or gold jewelry, this fact went completely unnoticed for the majority. The official exchange rate after the reform was 0.9 rubles per dollar - for the first time, Soviet money became more expensive than American money.
In 1972 and 73, another devaluation of the dollar occurred and in the United States it was decided to abandon the seemingly unshakable gold standard - that is, backing the value of paper money with a precious metal.
And already in 1976, the world community adopted the so-called Jamaican monetary system - from now on, world currency rates began to float freely. By this time, the ruble had strengthened further against the dollar and was worth 0.758 per American currency unit.
It would not be amiss to explain here that the official exchange rate of the Soviet currency to the American dollar did not actually show the real relationship between the value of the money of the two superpowers. In itself, such a calculation is not entirely correct due to the different economic models of the two countries.
Therefore, it should not surprise you that right up until the collapse of the USSR, the ruble, according to the official exchange rate, was only strengthening. So, in 1991, the dollar officially cost 0.56 rubles, although on the black market it was traded for 30-33 rubles.
Everything turned upside down (or rather, upside down) in 1992, when the State Bank finally introduced free exchange rate formation. At one point, the American dollar began to cost 125 rubles, and by the beginning of 1994 the rate gradually increased to 781 rubles.
By the autumn of the same year, the ruble had catastrophically depreciated and on October 10, 1994, the dollar was worth 2,833 rubles. The next day, the memorable “Black Tuesday” happened, when the value of the Russian currency fell in one day to 3,926 rubles per US dollar.
The cause of the collapse was recognized as the incompetence of government officials, because by October 14 the exchange rate had returned to almost its previous value - the dollar began to cost 2,994 rubles.
In 1997, the ruble was worth $5,562 and things were heading towards yet another redenomination in the history of the Russian currency. This was carried out on January 1, 1998, along with the monetary reform - many remember how, instead of thousands, Russians began to count rubles.
The exchange rate of the Russian currency against the American currency, accordingly, also decreased a thousand times and amounted to 5.6 rubles per dollar. But the reform had no effect on the gradual deterioration of the economic situation in the country - by August 1998, Russia suffered a memorable default for many.
By September 9 of the same year, the dollar was worth 20.8 rubles - this value became the maximum for the entire post-default period. The next day, the ruble suddenly strengthened sharply and began to cost 15.7 rubles, and by September 15 - 8.6 rubles. But the exchange rate stabilized at a value close to 20 - by January 1, 1999, the dollar was worth 20.65 rubles.
By 2000, the dollar was trading at approximately 27 rubles, and the long-term decline of the Russian currency finally stopped. In 2003, the rate was 31.8 rubles per dollar - this was the maximum value for the entire period between the default and the global crisis. Overall, the dollar weakened steadily between 2003 and 2008, leading to much talk of the imminent collapse of the American economy.
In July 2008, the dollar was worth 23 rubles, and then the global financial crisis occurred, which hit the Russian currency even more than the American one. By February 2009, the dollar was already worth 36.4 rubles - this value remained a record until September 13, 2014.
Over the past few years in Russia, everyone has gotten used to the fact that the dollar costs 30-35 rubles, and if the exchange rate grows, it is absolutely insignificant. Reality, however, has shown that the Russian currency is not nearly as strong as it was said on TV - international sanctions and the collapse of oil prices led to a sharp drop in its value relative to the dollar and euro.
Almost no one can predict what will happen to the ruble next. Until recently, our ministers stated that the depreciation of the exchange rate is a temporary phenomenon, and that the ruble will soon return to its previous positions, and the dollar will definitely not cost more than 40. Today it is hard to believe in this.
to the ruble increased from 125 rubles in July to 414 rubles, which was fixed at the last auction of 1992, held on December 30.
In 1993, hyperinflation reached its maximum scale, and (k.d.), the value of which was equal to 414 rubles on January 1, 1993, reached 1247 rubles at the last auction of 1993, which was held on December 29.
1994 was also consistently high, but then “Black Tuesday” happened, when the rate rose by more than 27 percent on October 11, 1994, and 3 days later returned to its previous values, taking into account the inflation exponential.
Thus, starting from the above-mentioned exchange rate of 1247 rubles, from which the history of the dollar began in 1994, it reached 3512 rubles at the last auction of 1994, held on December 28.
The first auction of 1995, held on January 6, fixed the rate,
equal to 3623 rubles per dollar, and at the last auction 1995, which were held on December 29, the rate was 4640, which suggests that inflation, which was raging years earlier, has decreased slightly.
At the first auction in 1996, the coefficient was equal to 4,661 rubles per dollar, and the forecast for inflation in 1996 was quite favorable, which was confirmed until May 1996, but from the auction on May 18, when it made a jump of 12 rubles from the value 4970 rubles per dollar to 4982 rubles per dollar, a steadily rapid growth of the dollar exchange rate began, which by December 31 reached a value of 5560 rubles per dollar.
The next year, 1997, brought significant relief: k. d., equal to 5560 per dollar, on January 1 increased “only” by 400 rubles and reached the value 5960 at last auction 1997 year, held on December 30.
The relative stability that the Russian ruble demonstrated against the dollar was the reason for the “soft” reform: in addition to the old bills ending with three zeros in the face value, new bills appeared, and ten thousand became ten rubles. The exchange rate of the new 1998, fixed on January 1, was equal to 5 rubles and 96 kopecks. Unfortunately, August 17 1998 was announced, and by the end of the year the dollar was already worth 20 rubles and 65 kopecks.
The next year, 1999, did not bring any surprises:
dollar worth 20 rubles 65 kopecks On January 1, 2000 it gradually reached a value of 27 rubles per dollar as of December 30.
The year 2000 began with trading on January 5, at which the same rate was fixed - 27 rubles per dollar. The stability of the exchange rate lasted the entire year, during which the value of the dollar never exceeded the mark of 29 rubles, reaching a maximum value of 28 rubles and 87 kopecks in February and ending in trading December 29, 2000 at around 28 rubles and 16 kopecks.
The growth in the value of the American currency in 2001 did not bring any surprises: the dollar overcame the psychological mark of 30 rubles in early December 2001, and at the last auction of the year, held December 29, 2001, the dollar was worth 30 rubles 14 kopecks.
In subsequent years, the dollar fluctuated between 28 and 30 rubles, setting an interim record in December 2002, when the value of the dollar was fixed at 31 rubles 86 kopecks.
In 2004 and 2007, there was even a slight depreciation; The year 2004, which began with trading at which the dollar was worth 29 rubles and 45 kopecks, ended with trading at December 2004, at which the dollar was worth 27 rubles and 74 kopecks;
2007, which began with a price per dollar equal to 26 rubles and 33 kopecks,
ended with bidding December 31, 2007, where the price per dollar was “only” 24 rubles and 54 kopecks.
1 dollar = 32 rubles 29 kopecks
The year 2008, which began with trading on January 2, at which the price of the dollar remained the same, was accompanied by a stable decline in the value of the American currency until August, when the global financial crisis broke out.
Starting in August 2008, when the dollar was worth 23 rubles and 41 kopecks, the rate began to rise steadily and required the intervention of the Ministry of Finance. Latest trades 2008 were held on November 30, the price of the dollar was fixed at 27 rubles and 60 kopecks.
The next auction was held in 2009, the price of the dollar was already 29 rubles and 39 kopecks, and by the end of 2009 it had already reached 33 rubles and 43 kopecks.
At the time of writing (03/21/12), the dollar is equal to 29 rubles 16 kopecks.
Entry updated (09.17.13) rate is 32.29
Entry updated (01.11.14) rate is 41.96
Summary table of dollar exchange rate data by year:
| Year | Dollar value in rubles (as of December) |
| 1992 | 414 |
| 1993 | 1247 |
| 1994 | 3512 |
| 1995 | 4640 |
| 1996 | 5560 |
| 1997 | 5960 |
| 1998 | 20.65 |
| 1999 | 27 |
| 2000 | 28.16 |
| 2001 | 30.14 |
| 2002 | 31.86 |
| 2003 | 29.43 |
| 2004 | 27.74 |
| 2005 | 28.80 |
| 2006 | 26.28 |
| 2007 | 24.57 |
| 2008 | 28.20 |
| 2009 | 29.96 |
| 2010 | 30.83 |
| 2011 | 31.49 |
| 2012 | 30.73 |
| 2013 | 32.87 |
| 2014 | 46.42 (26.11.14) |
Video: Chronicles of the ruble - fall
In addition to macroeconomic indicators and financial statistics, the level of investment activity, and perhaps inflation expectations, is evidenced by the dynamics of gold prices. Even in the last century, noble metal served as full-fledged money. However, the natural growth of integration processes and the inconvenience of servicing payments in bullion led to the gradual loss of gold’s status as a means of payment. The logical solution was to carry out demonetization of the metal in 1976, when the policy of floating exchange rates became generally accepted.
Nevertheless, gold has always played the role of a valuable asset that will not lose demand during any financial instability. Sufficient rarity, generally recognized value and ability to be stored make the noble metal an ideal means for reserve savings. For this reason, the rare earth asset forms a certain part of the gold and foreign exchange reserves of the country and government. In fact, with the help of an asset that will not lose value during global financial challenges, the state forms a “safety cushion” and lays the foundations for the stability of the domestic financial system.
Of course, gold and foreign exchange reserves consist not only of precious metal. However, in addition to the government, information on the price of gold is constantly monitored by investors of various sizes. The cost of a reliable asset in rubles will help to obtain information about the state of the market: stability and expectations of its participants.
Due to the peculiarity of the valuable metal, buyers and sellers pursue a similar goal: to protect investments from volatility (instability) in the financial market and invest capital in an instrument with minimal risk.
The following situations are possible:
- investment demand is increasing, and gold exchange rate dynamics are showing an upward trend. This situation demonstrates the inflation expectations of investors who are transferring capital from the securities market (stock market), selling high-risk assets and investing in gold. This situation may be accompanied by general economic stagnation, a decrease in consumer demand, production volumes and inflation. In accordance with the current situation, the value of a “popular” asset increases;
- a situation when the price of gold decreases: stable dynamics indicate the exit of investment capital. Participants predict price stability and prefer to invest in highly profitable projects and operations on the stock market. The high level of risk of such instruments is considered acceptable, and the market situation is considered predictable.
The best illustration of classical laws
Thus, the price of precious metals becomes the best evidence of the work of Okun's law, according to which the risk of any transaction or financial instrument is directly dependent on the profitability of such an instrument. If we talk about gold, the dynamics are additionally characterized by a number of features:
- noble metal does not depreciate over time;
- as an investment vehicle, gold has the lowest return;
- In the long term, the price of gold invariably rises.
Despite the loss of the function of full-fledged money, rare earth metal is actively used by various subjects of international finance.
In addition to being a component of gold and foreign exchange reserves, gold is freely traded in the form of bullion and remains a prominent investment object: as bullion coins, a bank account or an investment in ETFs.
Data on changes in quotes clearly shows investor sentiment. During the period of financial instability of 2009–2010. there is a rapid increase in the cost of goods. After passing the peak, the price of gold shows a negative trend. The maximum annual decline was 26.8% in 2013. Nevertheless, taking into account global trends, objective inflation and the cyclical nature of economic processes, the gold rate invariably increases with periodic “drawdown”.
What affects the gold rate?
Significant changes in the generally calm trend are caused by events on a global scale. Therefore, a sober assessment helps the investor make a decision and predict the market situation. Key factors, in addition to global financial stability, may include:
- information about the demand for raw materials by jewelry manufacturers, which directly corresponds to purchasing activity. This factor is typical for Asian markets: India and China;
- information on gold production by leading countries;
- the state of the world economy;
- inflationary processes. With high inflation, the demand for gold grows, and the dynamics of its exchange rate shows an upward trend;
- expectations and actions of large investors.
The state of quotations is directly affected by the internal policies of central banks. If part of the precious metal in the gold and foreign exchange reserves increases, a deficit may form on the market with all the consequences for the gold rate.
Gold investment strategy
In summarizing the features of gold as a generally recognized and liquid asset, it is important to take into account a number of points.
Often, the main profitability on transactions with precious metals is formed not by the interest rate, but by the increase in the cost of such a product.
At the same time, the trend can be very accelerated against the backdrop of favorable factors. If this does not happen, a moderate increase in the exchange rate will occur gradually. For this reason, investors are advised to choose gold to work primarily on long-term strategies. To protect against sudden market drawdowns, it is necessary to monitor current data on the state of gold production and demand for it.