Value of 1992 Russian Rubles today

₽100 in 1992
₽589,005.92 in 2024

The inflation rate in Russia between 1992 and today has been 588,905.92%, which translates into a total increase of ₽588,905.92. This means that 100 rubles in 1992 are equivalent to 589,005.92 rubles in 2021. In other words, the purchasing power of ₽100 in 1992 equals ₽589,005.92 today. The average annual inflation rate between these periods has been 33.56%.

Inflation timeline in Russia (1992 - 2024)

The following chart depicts the equivalence of ₽100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (RUB) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1992-2021 371,892.04%
Cumulative inflation 1992-today 588,905.92%
Avg. Annual inflation 1992-2021 32.78%
CPI 1992 0.04
CPI 2021 131.57
CPI 2022-03 (latest official data) 150.35
CPI today 208.33

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1992 and 2021, use the corresponding CPI values:

Value2021
=Value1992 ×
CPI2021/CPI1992
=₽ 100 ×
131.57/0.04
₽371,992.04

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 208.33:

Valuetoday
=Value1992 ×
CPItoday/CPI1992
=₽ 100 ×
208.33/0.04
₽589,005.92

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are ₽100 worth today. There are 29 years between 1992 and 2021 and the average inflation rate was 32.7767%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=₽100 × (1 + 0.327767)29
₽371,992.04

Russia inflation - Conversion table

Initial Value Equivalent value
₽1 ruble in 1992 ₽3,719.92 rubles in 2021
₽5 rubles in 1992 ₽18,599.6 rubles in 2021
₽10 rubles in 1992 ₽37,199.2 rubles in 2021
₽50 rubles in 1992 ₽185,996.02 rubles in 2021
₽100 rubles in 1992 ₽371,992.04 rubles in 2021
₽500 rubles in 1992 ₽1,859,960.19 rubles in 2021
₽1,000 rubles in 1992 ₽3,719,920.37 rubles in 2021
₽5,000 rubles in 1992 ₽18,599,601.86 rubles in 2021
₽10,000 rubles in 1992 ₽37,199,203.73 rubles in 2021
₽50,000 rubles in 1992 ₽185,996,018.65 rubles in 2021
₽100,000 rubles in 1992 ₽371,992,037.29 rubles in 2021
₽500,000 rubles in 1992 ₽1,859,960,186.45 rubles in 2021
₽1,000,000 rubles in 1992 ₽3,719,920,372.9 rubles in 2021
Cumulative inflation From 1992 588,905.92%
Avg. annual inflation From 1992 33.56%
CPI 1992 0.04
CPI today 208.33

Value of Ruble over time (by year)

Period Value
1992 100
1993 974.25
1994 3,972.22
1995 11,813.95
1996 17,455.35
1997 20,031.99
1998 25,577.99
1999 47,510.21
2000 57,391.76
2001 69,717.79
2002 80,725.35
2003 91,755.07
2004 101,745.92
2005 114,652.73
2006 125,738.09
2007 137,063.69
2008 156,404.45
2009 174,621.37
2010 186,581.88
2011 202,330.26
2012 212,597.98
2013 226,956.25
2014 244,711.98
2015 282,726.51
2016 302,637.24
2017 313,784.59
2018 322,816.28
2019 337,247.21
2020 348,651.83
2021 371,992.04
2022-03 425,070.83
Today 589,005.92

All available years

Today's value of russian rubles by year:

1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |

Other currencies: