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Ruble is the official currency of Russia and is traded on the Moscow Stock Exchange. The Russian Ruble has been around since the 16th century and is currently the world's 13th most traded currency. It is also one of the most volatile currencies due to its lack of liquidity and political volatility. The Ruble is made up of 100 kopecks and is represented by the symbol "RUB". The Ruble is used to purchase goods and services in Russia and is also used as a reserve currency in some countries. In recent years, the Ruble has seen a great deal of volatility due to political and economic events in Russia. The currency has been subject to sanctions and devaluations and is currently worth less than half of its pre-crisis value.