RUB to NGN Exchange Rate - Convert Russian Rouble to Nigerian Naira

Converting from Russian Rouble (RUB) to Nigerian Naira (NGN)

What is Russian Rouble (RUB)

The Russian Rouble (RUB) is the official currency of the Russian Federation. It is abbreviated as RUB and is subdivided into 100 kopeks. The rouble has a long history, dating back to the 13th century, but the contemporary version we use today was introduced in the early 1990s following the dissolution of the Soviet Union. The currency symbol for the ruble is ₽.

The rouble is primarily used within Russia and its surrounding territories. The Central Bank of Russia regulates and issues the rouble, and it plays a crucial role in the country's economy. The value of the rouble can be affected by various factors, including oil prices, inflation rates, and global economic conditions. Understanding the current exchange rate is vital for anyone looking to convert RUB to foreign currencies, including the Nigerian Naira.

What is Nigerian Naira (NGN)

The Nigerian Naira (NGN) is the official currency of Nigeria, one of the largest economies in Africa. It is abbreviated as NGN and is divided into 100 kobo. The naira was introduced in 1973, replacing the pound as Nigeria's currency. The symbol for the naira is ₦.

The Central Bank of Nigeria is responsible for the issuance and regulation of the naira. The currency is used in various sectors across the country, from commerce to daily transactions. Like the rouble, the naira's value is influenced by numerous factors, such as Nigeria's oil exports, inflation trends, and the overall stability of the Nigerian economy.

Converting RUB to NGN

When converting between currencies, particularly from RUB to NGN, it's essential to use an accurate and up-to-date exchange rate. These rates can fluctuate frequently due to market dynamics, so it is advisable to consult a reliable financial service or currency converter. The exchange rate effectively indicates how many Nigerian Naira someone will receive in exchange for a certain amount of Russian Roubles.

For instance, if the current exchange rate is 1 RUB = 5 NGN, then converting 100 RUB would yield 500 NGN. It’s important to also consider transaction fees or conversion fees that may apply when using banks or currency exchange services, as these can affect the total amount received.

In conclusion, understanding both the Russian Rouble and the Nigerian Naira is crucial for effective currency conversion. With the right knowledge and tools, converting these currencies can be a straightforward process, contributing to the smooth conduct of international business and personal transactions.

Russian Rouble to Nigerian Naira conversion table

RUB to NGN conversion table

Russian Rouble (RUB)Nigerian Naira (NGN)
1 RUB19.36929901568 NGN
2 RUB38.73859803136 NGN
3 RUB58.10789704704 NGN
4 RUB77.47719606272 NGN
5 RUB96.8464950784 NGN
6 RUB116.21579409409 NGN
7 RUB135.58509310977 NGN
8 RUB154.95439212545 NGN
9 RUB174.32369114113 NGN
10 RUB193.69299015681 NGN
100 RUB1 936.92990156809 NGN
200 RUB3 873.85980313618 NGN
300 RUB5 810.78970470427 NGN
400 RUB7 747.71960627235 NGN
500 RUB9 684.64950784044 NGN
600 RUB11 621.57940940853 NGN
700 RUB13 558.50931097662 NGN
800 RUB15 495.43921254471 NGN
900 RUB17 432.3691141128 NGN
1 000 RUB19 369.29901568088 NGN
2 000 RUB38 738.59803136177 NGN
5 000 RUB96 846.49507840442 NGN
10 000 RUB193 692.99015680884 NGN
20 000 RUB387 385.98031361768 NGN
50 000 RUB968 464.95078404421 NGN
100 000 RUB1 936 929.90156808842 NGN
Last updated April 25, 2025 at 11:55 PM