How many rubles in the national currency?

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The question of how many rubles in local currency, always worried about the Russians and the Ukrainians, who often cross the border between the two states.Recently, it has become even more relevant due to the fact that Ukrainians have become increasingly make purchases in Russian online stores, and the Russians - in Ukrainian.In addition, the exchange rate needs to know businesses, whose earnings associated with fluctuations in the cost of the hryvnia against the ruble.To avoid misunderstandings and to exchange money for profit, you need to know about how the money is converted into Ukrainian, Russian and back.

Direct and inverse exchange rates

national currency of each state is expressed in any other currency using quotations.It should be distinguished from the direct quotation feedback, or indirect.With direct quotations foreign currency is expressed in the national and takes the form of prices.It displays the amount of currency, which accounts for one unit of the quoted currency.When the indirect quotation of money determined by the number of quoted per one unit of the meter.Sometimes, the exchange rate is expressed through a third currency: the need arises, if the currency is convertible poorly.This method is called "cross rate".

Examples quotes

How rubles worth Ukrainian hryvnia?To answer this question, it is necessary to direct quotation.In the current course of 1 hryvnia worth about 3.4 ruble.Calculation for 100 hryvnia will look like this: 100 * 3.4 = 340 rubles.This value will be the answer to the question, how many in the hryvnia Russian rubles.

How many Ukrainian hryvnia to the ruble?In fact, in the ruble about 0.35 UAH., Or 35 cents Ukrainian.To find out how much hryvnia contained in any other number of rubles, to be calculated on the reverse course of the quotation: 100 / 0.35 = 285.7 rubles.This means that 100 UAH 285.7 contained in Russian rubles.

difference between the values ​​for direct and indirect quotations is called margin.The margin during the installation of the hryvnia against the ruble is higher than the margin in the exchange of any of these currencies into dollars or euros.This is due to the fact that more convertible currencies have a lower margin.However, there are many currency pairs, for which the margin is much higher.

Modern misconceptions

When the government announces that one hryvnia is 3.4 rubles, many interpret this fact in terms of reverse quotes.In fact, this approach - is incorrect, it is contrary to logic.Other people who are not familiar with the intricacies of quotations, perceived as a direct opposite course.There are cases when citizens have resorted to double quotes: transferring money, first from Ukrainian to Russian, and then perform the reverse calculation.

All of these misconceptions lead to numerous misunderstandings and financial losses.

rate dynamics in recent years

How many rubles in the national currency was before?At the beginning of the century, ie,in 2000, it corresponded to about 1 UAH 5.1 rubles.In 2002, the Ukrainian currency has reached the maximum point with respect to Russia: the average rate was 5.95 rubles.to 1 USD.Since 2005, the ratio has changed mainly in favor of the ruble.In 2007, for 1 hryvnia has allowed 4.83 rubles, and in 2008 - 3.82 p.This dramatic change was caused by the crisis, to strengthen the pace of inflation in Ukraine.

through 2013 hryvnia almost reached the value of 4 rubles.At the turn of 2013 and 2014.It was another abrupt change of course: Now for one unit of the Ukrainian currency in exchange ask for triple the amount of a Russian.The minimum cost of hryvnia was about 2.7 rubles, but by mid-2014 has leveled off at 3: 1.

rates between currencies varies daily.As of July 2014 the average fluctuation of one working day is from 1 to 5 points at the fact that each item corresponds to a Russian kopek.

When should I change money?

Russians, who are planning a trip to Ukraine, it is necessary to take into account: all household calculations (buying products or gifts, travel expenses, and so on. D.), Only hryvnia.Hryvnia exchange for rubles and vice versa can be done in almost every bank.Those who are just planning your budget for the trip, ask the question: if I give 100 rubles, hryvnia much should I get?As already mentioned, the approximate ratio is now hovering around the level of 1/3 (1 hryvnia - 3 rubles).Given the already considered the difference between the forward and backward quotes, it is easy to determine the approximate amount and plan your budget.

When the question of how many rubles in the national currency, decisions, there is the following: where to change money?The exchange is best done on the spot.Leaving Russia, it is hard to guess in advance how much money will be spent.On-site conditions are always clear.Moreover, currency exchange in Ukraine there is no problem: exchangers have in airports, train stations, bank offices and shopping centers.And landside Airport exchangers often work around the clock, although the course they may be not the most profitable.

If the traveler has a payment card, the process is even simpler: hryvnia can shoot at ATMs with the Russian card.You must first clarify the intricacies of this procedure in the bank.

How do you know in advance how many rubles in the national currency?

On the Internet you can find a variety of calculators to help you calculate the exchange rate.As a rule, they have relevant information and can give a more accurate idea of ​​how much money a person will receive as a result of the planned exchange.Even more accurate data can be obtained on the websites of banks, published daily fresh courses.But not every bank on the site has a calculator, so you need to be prepared to calculate manually.