# Value of 2019 Russian Rubles today

₽100 in 2019
₽172.98 in 2024

The inflation rate in Russia between 2019 and today has been 72.98%, which translates into a total increase of ₽72.98. This means that 100 rubles in 2019 are equivalent to 172.98 rubles in 2021. In other words, the purchasing power of ₽100 in 2019 equals ₽172.98 today. The average annual inflation rate between these periods has been 20.04%.

## Inflation timeline in Russia (2019 - 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 2019-2021 10.3%
Cumulative inflation 2019-today 72.98%
Avg. Annual inflation 2019-2021 5.02%
CPI 2019 119.28
CPI 2021 131.57
CPI 2022-03 (latest official data) 150.35
CPI today 206.34

## 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 2019 and 2021, use the corresponding CPI values:

Value2021
=Value2019 ×
CPI2021/CPI2019
=₽ 100 ×
131.57/119.28
₽110.3

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 206.34:

Valuetoday
=Value2019 ×
CPItoday/CPI2019
=₽ 100 ×
206.34/119.28
₽172.98

### 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 2 years between 2019 and 2021 and the average inflation rate was 5.025%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=₽100 × (1 + 0.05025)2
₽110.3

## Russia inflation - Conversion table

Initial Value Equivalent value
₽1 ruble in 2019 ₽1.1 rubles in 2021
₽5 rubles in 2019 ₽5.52 rubles in 2021
₽10 rubles in 2019 ₽11.03 rubles in 2021
₽50 rubles in 2019 ₽55.15 rubles in 2021
₽100 rubles in 2019 ₽110.3 rubles in 2021
₽500 rubles in 2019 ₽551.51 rubles in 2021
₽1,000 rubles in 2019 ₽1,103.02 rubles in 2021
₽5,000 rubles in 2019 ₽5,515.12 rubles in 2021
₽10,000 rubles in 2019 ₽11,030.25 rubles in 2021
₽50,000 rubles in 2019 ₽55,151.24 rubles in 2021
₽100,000 rubles in 2019 ₽110,302.48 rubles in 2021
₽500,000 rubles in 2019 ₽551,512.4 rubles in 2021
₽1,000,000 rubles in 2019 ₽1,103,024.8 rubles in 2021
 Cumulative inflation From 2019 72.98% Avg. annual inflation From 2019 20.04% CPI 2019 119.28 CPI today 206.34

### Value of Ruble over time (by year)

Period Value
2019 100
2020 103.38
2021 110.3
2022-03 126.04
Today 172.98

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: