• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Russian Best

Russian Life & People Digest

  • Home
  • Articles
  • Questions and Answers
    • History and Politics
    • Culture and Science
    • People and Language
    • Lifestyle and Attributes
    • Russian Sports
    • Food and Drinks
    • Traveling Russia
    • Economy and Geography
    • Russian Military
    • Books & Movies
Browse: Home / Economy and Geography

What’s the value of Soviet Ruble to a US Dollar since Cold War?

Question by : How much the value of Soviet Union Ruble to a US Dollar since Cold War years?
I cannot be reach for these Soviet Union currencies or 20th century currencies.

Vladimir Kvint is a member of the “Siberian School” of Soviet economists and an associate of economists Leonid Abalkin and Abel Aganbegyan, the godfathers of perestroika. Below, he rejects the idea of a gold standard for his country but urges that the ruble soon be made convertible into foreign currencies. He urges that the ruble be allowed to float by permitting foreign currencies to circulate freely in the Soviet Union, thus setting a natural exchange rate. Only that way can the Soviet Union be integrated into the world economy.

Answers and Views:

Answer by dllou1
As I recall, an official exchange rate was never set between the ruble and the dollar during the cold war. There were probably some black-market exchanges set among those who bought and sold various items, however.

Read all the answers in the comments.

Add your own answer!

See other posts in Economy and Geography

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Popular Posts

Pushkin's Tatiana writing a letter to Onegin

Onegin’s Tatiana Was Only Thirteen?

Russian shashlik

My Favorite Russian Food

Dacha – Home Away From Home

Subway Dog

Subway Dogs of Moscow

Cape Cod on the Rocks

What is a cocktail with vodka and cranberry juice called?

Categories

Recent Comments

  • Pat on What does Nazdrovia actually mean?
  • Ted on Where can i send free SMS messages to Russian mobiles?
  • PutinPow on What does Nazdrovia actually mean?
  • bigdogg on What does Nazdrovia actually mean?
  • HAMISH A McDONALD on What Russia would be like today if Nicholas II had not been executed?

Copyright RussianBest.com © 2025 · About · Privacy Policy · Disclaimer: RussianBest.com is an informational website, and its content does not constitute professional advice of any kind.