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250px 1898 Russian Empire one rouble bill. Obverse. 250px 1898 Russian Empire one rouble bill. Reverse.

The ruble ( Russian рубль, French-derived transliteration rouble) is the name of the currency of the Russian Federation and Belarus (and formerly, of the Soviet Union and the Russian Empire). One ruble is divided into 100 kopeks (копе́йка). The ISO 4217 currency code for the ruble is now RUB; the former code, RUR, referres to the currency prior to 1997 denomination.

In Russian, a folk name for "ruble", tselkovyi (wholesome), is known, which is a shortening of the "tselkovyi ruble", i.e. a wholesome, uncut ruble. A practice of cutting precious metal coins was historically wide-spread throughout the world. A small chunk was cut from a coin by its current holder before the coin was tendered at the full value. Over a period the coins had become obviously smaller, but legally still carried the full face value. Thus wholesome adjective was needed to distinguish the uncut coins.

The ruble has been the Russian unit of currency for many centuries. The word "ruble" is derived from the Russian verb рубить, rubit, i.e., to chop. Historically, "ruble" was a piece of a certain weight chopped off a silver ingot ( grivna), hence the name.

The word kopek/kopeyka derives from the russian kop'yo (копьё) – a spear. The first kopek coins carried the Moscow coat of arms with Saint George slaying a dragon with a spear.

Over time the amount of precious metal in a ruble varied. In a 1704Events Building of the Student's Monument in Aiud, Romania. February 29 Native Americans sack Deerfield, Massachusetts August 13 War of the Spanish Succession: Battle of Blenheim Births June 22 John Taylor English Classical Scholar (died 1766) Deaths Febr currency reform Peter IPeter I (Pyotr Alekseyvich) ( 9 June 1672 8 February 1725 [ 30 May 1672 28 January 1725 O. 1]) ruled Russia from 7 May ( 27 April O. 1682 until his death. Known as Peter the Great ( I , Pyotr Velikiy , he was at first a joint ruler with his weak and sickl standardized the ruble coin to 28 grams of silverThis page is about Silver the element. For the color, see Silver Silver is a chemical element in the periodic table that has the symbol Ag ( L. Argentum and atomic number 47. A soft white lustrous transition metal, silver has the highest electrical and th. While ruble coins were mostly silver, sometimes they were minted of gold, and some 19th centuryAlternative meaning: Nineteenth Century (periodical ( 18th century — 19th century — 20th century — more centuries) As a means of recording the passage of time, the 19th century was that century which lasted from 1801- 1900. Events The Little Ice Age ended coins were platinumPlatinum is also a certification by the RIAA and other world recording industries, see: RIAA certification Platinum is a chemical element in the periodic table that has the symbol Pt and atomic number 78. A heavy, malleable, ductile, precious, gray-white. The gold ruble introduced in 1897Events January 1 Brooklyn, New York merges with New York City. January 4 A British force is ambushed by Chief Ologbosheri, son-in-law of the Oba of Benin. This leads to a Punitive Expedition against Benin. February 2 The Pennsylvania state capitol is dest was equal to 0.774235 g of gold. The Soviet ruble of 1961 was formally equal to 0.987412 g of gold, but the exchange for gold was never available to the general public. Rubles are no longer linked to a gold standard.

Ten ruble coins are sometimes informally named chervonets (черво́нец). Formerly it was a 3-ruble gold coin and later a 10-ruble bill.

All Russian paper money is currently printed at the state-owned factory Goznak in Moscow, which was organized on June 6, 1919 and has continued to operate ever since. Coins are minted in the Monetny Dvor mint in St. Petersburg that operates since 1724 and in Moscow.

In November of 2004, the authorities of Dimitrovgrad ( Ulyanovsk Oblast) erected a five- meter monument to the ruble.