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 RUB19.21377240026 NGN
2 RUB38.42754480052 NGN
3 RUB57.64131720077 NGN
4 RUB76.85508960103 NGN
5 RUB96.06886200129 NGN
6 RUB115.28263440155 NGN
7 RUB134.4964068018 NGN
8 RUB153.71017920206 NGN
9 RUB172.92395160232 NGN
10 RUB192.13772400258 NGN
100 RUB1 921.37724002577 NGN
200 RUB3 842.75448005154 NGN
300 RUB5 764.13172007731 NGN
400 RUB7 685.50896010308 NGN
500 RUB9 606.88620012885 NGN
600 RUB11 528.26344015462 NGN
700 RUB13 449.64068018039 NGN
800 RUB15 371.01792020616 NGN
900 RUB17 292.39516023192 NGN
1 000 RUB19 213.77240025769 NGN
2 000 RUB38 427.54480051539 NGN
5 000 RUB96 068.86200128847 NGN
10 000 RUB192 137.72400257694 NGN
20 000 RUB384 275.44800515389 NGN
50 000 RUB960 688.62001288472 NGN
100 000 RUB1 921 377.24002576943 NGN
Last updated May 9, 2025 at 03:55 PM