The exchange rate of the U.S. dollar to the Russian ruble increased continuously over the period from 1992 to 1997. Starting from 1998, Russia redenominated its currency at a rate 1,000 to 1. On August 17, 1998, the devaluation of the Russian ruble was announced, which had a negative impact on the population's economic well-being.
Exchange rate of the U.S. dollar to the Russian ruble from July 1, 1992 to December 31, 1998
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Central Bank of the Russian Federation. (February 2, 2021). Exchange rate of the U.S. dollar to the Russian ruble from July 1, 1992 to December 31, 1998 [Graph]. In Statista. Retrieved May 15, 2024, from https://www.statista.com/statistics/1200710/rub-usd-exchange-rate-russia/
Central Bank of the Russian Federation. "Exchange rate of the U.S. dollar to the Russian ruble from July 1, 1992 to December 31, 1998." Chart. February 2, 2021. Statista. Accessed May 15, 2024. https://www.statista.com/statistics/1200710/rub-usd-exchange-rate-russia/
Central Bank of the Russian Federation. (2021). Exchange rate of the U.S. dollar to the Russian ruble from July 1, 1992 to December 31, 1998. Statista. Statista Inc.. Accessed: May 15, 2024. https://www.statista.com/statistics/1200710/rub-usd-exchange-rate-russia/
Central Bank of the Russian Federation. "Exchange Rate of The U.S. Dollar to The Russian Ruble from July 1, 1992 to December 31, 1998." Statista, Statista Inc., 2 Feb 2021, https://www.statista.com/statistics/1200710/rub-usd-exchange-rate-russia/
Central Bank of the Russian Federation, Exchange rate of the U.S. dollar to the Russian ruble from July 1, 1992 to December 31, 1998 Statista, https://www.statista.com/statistics/1200710/rub-usd-exchange-rate-russia/ (last visited May 15, 2024)
Exchange rate of the U.S. dollar to the Russian ruble from July 1, 1992 to December 31, 1998 [Graph], Central Bank of the Russian Federation, February 2, 2021. [Online]. Available: https://www.statista.com/statistics/1200710/rub-usd-exchange-rate-russia/