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Russian Ruble to Nepalese Rupee
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About Russian Ruble
The ruble or rouble is the currency of the Russian Federation. Banknotes and coins are issued by the Central Bank of Russia, which is Russia's monetary authority independent of all other government bodies.
The ruble is the second-oldest currency in continuous use and the first decimal currency. The ruble was the currency of the Russian Empire, which was replaced by the Soviet ruble during the Soviet period. Following the dissolution of the Soviet Union, by 1992, the Soviet ruble was replaced in the Russian Federation by the Russian ruble at par. The Russian ruble then further continued to be used in 11 post-Soviet states, forming a "ruble zone" until 1993. The ruble was further redenominated with the new code "RUB" just preceding the 1998 Russian financial crisis, and was exchanged at the rate of 1,000 RUR = 1 RUB.
As of April 2019, the ruble was the 17th-most traded currency in the world; however, due to international sanctions, the ruble dropped to being the 34th-most traded currency in the world as of April 2022. The ruble is subdivided into 100 kopecks which have fallen out of use due to inflation. In 2023, the digital ruble was introduced. WikipediaAbout Nepalese Rupee
The Nepalese rupee is the official currency of the Federal Democratic Republic of Nepal. The Nepalese rupee is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal. The Nepalese rupee was introduced in 1932 when it replaced the Nepalese mohar at the rate 2:1.
The Nepalese rupee has been pegged to the Indian rupee at the rate रु.1.60 = ₹1 since 1994; prior to this, it had been pegged at the rate रु.1.45 = ₹1. Wikipedia