USD/RUB · January to August 2022 · Indicative weekly rates

Anatomy of the Rouble Round Trip

The rouble halved, then surpassed its pre-war level. Toggle the three forces to see why the recovery was engineered, not earned. Select the red dots for events; move along the line for weekly rates.

Forces
USD to Russian rouble exchange rate in 2022 The rate rises from approximately 77 roubles per dollar before the invasion to approximately 135 in March, then falls below its pre-war level by summer.
A currency that stopped floating By April, the Moscow Exchange was disconnected from global markets. Foreign banks could not trade roubles and Russian residents could not freely reach foreign markets. The exchange rate stopped being a market verdict and became an administrative outcome.