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Russia Travel Guide - Money Matters You are here: About > Travel > Eastern Europe for Visitors > Russia-Belarus-Ukraine > Russia Travel Resources > Travel Essentials - Russia > Russia Travel Guide - Money Matters Travel Go Eastern Europe Essentials Best of Eastern Europe Map of Central/Eastern Europe Photo Gallery Country Profiles Discount Travel Websites Articles & Resources Planning Your Trip Ways to Travel What to Do in East Europe Maps for Eastern Europe Czech-SlovakTravel Hungary Travel Poland Travel Russia-Belarus-Ukraine Romania-Moldova Travel Baltic Travel Balkan Travel Culture and Holidays Photo Galleries East Europe Travel and Language Books Forums Help FREE Newsletter Sign Up Now for the Eastern Europe for Visitors newsletter! See Online Courses Search Eastern Europe for Visitors Stay up to date! Email to a friend Print this page Most Popular First Christmas Tree Europe map Best of Eastern Europe Croatia Naturism and Nudism Discount Travel Websites What's Hot Krakow Photo Gallery Profiles of Eastern Europe Moscow City Profile Czech Republic Photo Gallery - Charles Bridge and castle Sofia's Religous Buildings Related Topics Hotels / Resorts / Inns European History Architecture Air Travel Europe for Visitors Money Matters From Apply Now , Your Guide to Eastern Europe for Visitors . FREE Newsletter. Sign Up Now! Russia Travel Guide Like everywhere else you travel, you'll need money when you visit Russia. Below you'll find handy information about money in Russia, including cash, credit cards, travelers checks, exchange rates, ATMs, and banks.
Currency
The currency in Russia is the ruble (RUR). One ruble equals 100 kopeks.
Banknotes have a value of 5, 10, 50, 100, 500 and 1000 rubles. Coins are found in 1, 5, 10 and 50 kopek pieces and 1, 2 and 5 ruble coins. Only notes and coins dated 1997 or after are valid.
Taking Money with You
If your travel plans are just to the larger cities of European Russia, it's best to bring a mixture of cash, travelers checks, and credit cards. You should bring just $100-200 per person. Travelers checks, which are safe because if lost or stolen can be replaced, can't normally be used to pay for goods or services but can be used to get cash when you need it.
If you travel outside of larger cities in European Russia, expect to use cash only.
Exchanging Money
Check the latest conversion rates before you go.
Don't change money on the street as there is no need and the risks are too great. Change money in a bank or currency exchange office, or use an ATM machine. The problem with ATMs is that there are now scams where account and PIN numbers are electronically stolen. Therefore, it might be safer to use an ATM machine inside a bank.
Currency exchange offices are "obmyen balooti," and they usually advertise their rates in their windows. There are plenty of them in the big cities and their rates tend to be better than in banks.
Credit Cards
MasterCard and Visa credit cards are generally accepted at hotels, restaurants and many shops in larger cities. In the hinterlands, you'll have to rely more on cash.
Travelers Checks
American Express and Thomas Cook travelers checks are the most widely accepted, and there are offices in major cities where you can exchange them for cash.
Banks
Banking hours are generally Mon–Sat 10:00 am to 6:00 or 8:00 pm. Many banks offer Western Union money transfer services.
Costs
Moscow can be expensive for tourists, especially for hotels and upscale restaurnats, and costs can be twice that of St. Petersburg. Outside these two cities, costs are considerably lower. Depending on the level of luxury you require, however, budget travelers can still find reasonable costs in Russia's larger cities, whether for accommodations or meals. Other costs, such as certain groceries and public transportation, are very cheap. Russia Travel Guide Index
Profile of Russia
City Profile: Moscow
City Profile: St. Petersburg
Before You Go
Need to Know
Money Matters
Intercity Travel
City Transit
Driving
Health and Safety
Lodging
Dining and Drinking
Communications
Shopping
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