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INR to RUB: Indian Rupee to Russian Ruble

Live INR to RUB exchange rate today - 1 INR equals 0.9178 RUB, with an instant two-way converter for Indian Rupee to Russian Ruble.

Today's INR to RUB Exchange Rate

1 INR = 0.917780 RUB

1 RUB = 1.0896 INR

Updated: September 3, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

0.9178 Russian Ruble

Last updated: September 3, 2026

This INR to RUB rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Russian Ruble (RUB) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is RUB (Russian Ruble)?

Nominally floating, but its trading is materially shaped by capital controls (exporters are required to convert a share of foreign earnings into rubles) and Western sanctions restricting Russia's access to international banking, both in place since 2022.

Key Facts

  • ISO code: RUB
  • Symbol: โ‚ฝ
  • Subunit: 100 kopeks = 1 ruble
  • Issued by: Bank of Russia (Central Bank of the Russian Federation)

Why Does the INR/RUB Exchange Rate Change?

The INR/RUB rate moves every trading day, driven mainly by:

  • Western sanctions - ongoing since 2022, restricting Russia's access to international banking and capital markets, which distorts how freely the ruble actually trades.
  • Capital controls - Russian exporters are required to convert a share of foreign currency earnings into rubles, an artificial support that means the official rate does not fully reflect free-market forces.
  • Crude oil and gas export revenue - Russia's economy remains heavily dependent on energy exports, so global energy prices strongly influence ruble flows.
  • Bank of Russia interest rate policy, kept elevated in recent years to manage inflation and support the currency.
  • Geopolitical developments, which can move the ruble sharply on short notice.
  • RBI intervention and rupee-side factors, though this pair's swings are generally dominated by the RUB side, not the rupee side.

Frequently Asked Questions

Is the Russian Ruble rate shown here a true free-market rate?

Not entirely. Since 2022, Russian capital controls (including mandatory conversion rules for exporters) and Western sanctions on Russia's banking system have both shaped how the ruble trades, so its rate reflects a currency under active management, not a fully open market the way most other currencies on this list are.

Why has the Ruble sometimes strengthened despite sanctions?

Capital controls that force exporters to convert foreign earnings into rubles, combined with sharply reduced imports, have at times pushed the ruble's official rate up even during periods of economic difficulty - a reflection of restricted currency flows rather than broad economic strength.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

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