[Ruble Gum] – Vladimir Tsesler


The style of a chewing gum wrapper with an inscription about an inflated ruble bubble.

• About artist: Vladimir Tsesler

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The rouble or ruble (Russianрубль rublʹsymbol; abbreviation: руб or р. in CyrillicRbl (plural: Rbls) or R in LatinISO codeRUB), is the currency of the Russian Federation. The ruble is subdivided into 100 kopecks (sometimes written as copeck or kopekRussianкопе́йка kopeyka, plural: копе́йки kopeyki). The first Russian ruble (code: RUR) replaced the Soviet ruble (code: SUR) in September 1993 at par. In 1998, preceding the financial crisis, the current ruble was redenominated with the new code “RUB” and was exchanged at the rate of 1 RUB = 1,000 RUR.

The ruble was the currency of the Russian Empire and of the Soviet Union (as the Soviet ruble). In 1992 the currency imagery underwent a redesign as a result of de-Leninization. The Soviet currency had different names in the different languages of the USSR; Russia, BelarusUzbekistanKyrgyzstanAzerbaijanTurkmenistan, and Transnistria have all retained the Soviet-era names for their new currencies.

The ruble has been used in the Russian territories since the 14th century,[1] and is the second-oldest currency still in circulation, behind sterling.[2] Initially an uncoined unit of account, the ruble became a circulating coin in 1704 just before the establishment of the Russian Empire. It was also the first currency in Europe to be decimalised in 1704, when it was divided into 100 kopecks. The ruble has seen several incarnations and redenominations during its history, the latest of which is the introduction in 1998 of the current Russian ruble (code: RUB) at the rate of 1 RUB = 1,000 RUR.

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