Value of 2005 Russian Rubles today

₽100 in 2005
₽513.9 in 2024

The inflation rate in Russia between 2005 and today has been 413.9%, which translates into a total increase of ₽413.9. This means that 100 rubles in 2005 are equivalent to 513.9 rubles in 2021. In other words, the purchasing power of ₽100 in 2005 equals ₽513.9 today. The average annual inflation rate between these periods has been 10.11%.

Inflation timeline in Russia (2005 - 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 2005-2021 224.45%
Cumulative inflation 2005-today 413.9%
Avg. Annual inflation 2005-2021 7.63%
CPI 2005 40.55
CPI 2021 131.57
CPI 2022-03 (latest official data) 150.35
CPI today 208.4

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 2005 and 2021, use the corresponding CPI values:

Value2021
=Value2005 ×
CPI2021/CPI2005
=₽ 100 ×
131.57/40.55
₽324.45

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 208.4:

Valuetoday
=Value2005 ×
CPItoday/CPI2005
=₽ 100 ×
208.4/40.55
₽513.9

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 16 years between 2005 and 2021 and the average inflation rate was 7.6333%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=₽100 × (1 + 0.076333)16
₽324.45

Russia inflation - Conversion table

Initial Value Equivalent value
₽1 ruble in 2005 ₽3.24 rubles in 2021
₽5 rubles in 2005 ₽16.22 rubles in 2021
₽10 rubles in 2005 ₽32.45 rubles in 2021
₽50 rubles in 2005 ₽162.23 rubles in 2021
₽100 rubles in 2005 ₽324.45 rubles in 2021
₽500 rubles in 2005 ₽1,622.26 rubles in 2021
₽1,000 rubles in 2005 ₽3,244.51 rubles in 2021
₽5,000 rubles in 2005 ₽16,222.56 rubles in 2021
₽10,000 rubles in 2005 ₽32,445.11 rubles in 2021
₽50,000 rubles in 2005 ₽162,225.55 rubles in 2021
₽100,000 rubles in 2005 ₽324,451.11 rubles in 2021
₽500,000 rubles in 2005 ₽1,622,255.53 rubles in 2021
₽1,000,000 rubles in 2005 ₽3,244,511.07 rubles in 2021
Cumulative inflation From 2005 413.9%
Avg. annual inflation From 2005 10.11%
CPI 2005 40.55
CPI today 208.4

Value of Ruble over time (by year)

Period Value
2005 100
2006 109.67
2007 119.55
2008 136.42
2009 152.3
2010 162.74
2011 176.47
2012 185.43
2013 197.95
2014 213.44
2015 246.59
2016 263.96
2017 273.68
2018 281.56
2019 294.15
2020 304.09
2021 324.45
2022-03 370.75
Today 513.9

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: