Value of 2007 Russian Rubles today

₽100 in 2007
₽546.3 in 2024

The inflation rate in Russia between 2007 and today has been 446.3%, which translates into a total increase of ₽446.3. This means that 100 rubles in 2007 are equivalent to 546.3 rubles in 2024. In other words, the purchasing power of ₽100 in 2007 equals ₽546.3 today. The average annual inflation rate between these periods has been 10.5%.

Inflation timeline in Russia (2007 - 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 2007-2023 395.21%
Cumulative inflation 2007-today 446.3%
Avg. Annual inflation 2007-2023 10.52%
CPI 2007 48.48
CPI 2023 240.08
CPI 2024-08 (latest official data) 262.3
CPI today 264.84

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 2007 and 2023, use the corresponding CPI values:

Value2023
=Value2007 ×
CPI2023/CPI2007
=₽ 100 ×
240.08/48.48
₽495.21

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 264.84:

Valuetoday
=Value2007 ×
CPItoday/CPI2007
=₽ 100 ×
264.84/48.48
₽546.3

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 2007 and 2023 and the average inflation rate was 10.5158%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=₽100 × (1 + 0.105158)16
₽495.21

Russia inflation - Conversion table

Initial Value Equivalent value
₽1 ruble in 2007 ₽4.95 rubles in 2023
₽5 rubles in 2007 ₽24.76 rubles in 2023
₽10 rubles in 2007 ₽49.52 rubles in 2023
₽50 rubles in 2007 ₽247.61 rubles in 2023
₽100 rubles in 2007 ₽495.21 rubles in 2023
₽500 rubles in 2007 ₽2,476.06 rubles in 2023
₽1,000 rubles in 2007 ₽4,952.12 rubles in 2023
₽5,000 rubles in 2007 ₽24,760.59 rubles in 2023
₽10,000 rubles in 2007 ₽49,521.19 rubles in 2023
₽50,000 rubles in 2007 ₽247,605.93 rubles in 2023
₽100,000 rubles in 2007 ₽495,211.87 rubles in 2023
₽500,000 rubles in 2007 ₽2,476,059.34 rubles in 2023
₽1,000,000 rubles in 2007 ₽4,952,118.69 rubles in 2023
Cumulative inflation From 2007 446.3%
Avg. annual inflation From 2007 10.5%
CPI 2007 48.48
CPI today 264.84

Value of Ruble over time (by year)

Period Value
2007 100
2008 114.11
2009 127.4
2010 136.13
2011 223.7
2012 235.08
2013 250.93
2014 270.58
2015 312.59
2016 334.63
2017 346.92
2018 356.91
2019 372.81
2020 385.41
2021 411.19
2022 467.76
2023 495.21
2024-08 541.06
Today 546.3

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 | 2022 | 2023 |

Other currencies: