Russia Inflation Calculator

Result: ₽1 in 2010 → ₽3.18 in 2024


Value of ₽1 from 2010 to 2024

Updated: October 10, 2024

₽1 in 2010 is equivalent in purchasing power to about ₽3.18 today, an increase of ₽2.18 over 14 years. The ruble had an average inflation rate of 8.61% per year between 2010 and today, producing a cumulative price increase of 217.95%.

This means that today's prices are 3.18 times as high as average prices since 2010, according to the OECD and the World Bank consumer price index for Russia. A ruble today only buys 31.447% of what it could buy back then.

The inflation rate in 2010 was 6.85%. The current inflation rate compared to the end of last year is now 17.31%. If this number holds, ₽1 today will be equivalent in buying power to ₽1.17 next year.


Inflation from 2010 to 2024
Cumulative price change217.95%
Average inflation rate8.61%
Converted amount
₽1 base
₽3.18
Price difference
₽1 base
₽2.18
CPI in 201065.994
CPI in 2024209.828
Inflation in 20106.85%
Inflation in 202417.31%
₽1 in 2010₽3.18 in 2024

RUB inflation since 2010
Annual Rate, the OECD and the World Bank CPI
Download

Buying power of ₽1 in 2010

This chart shows a calculation of buying power equivalence for ₽1 in 2010 (price index tracking began in 1992).

For example, if you started with ₽1, you would need to end with ₽3.18 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When ₽1 is equivalent to ₽3.18 over time, that means that the "real value" of a single Russian ruble decreases over time. In other words, a ruble will pay for fewer items at the store.

This effect explains how inflation erodes the value of a ruble over time. By calculating the value in 2010 dollars, the chart below shows how ₽1 is worth less over 14 years.

According to the OECD and the World Bank, each of these RUB amounts below is equal in terms of what it could buy at the time:

Ruble inflation: 2010-2024
YearRuble ValueInflation Rate
2010₽1.006.85%
2011₽1.088.44%
2012₽1.145.07%
2013₽1.226.75%
2014₽1.317.82%
2015₽1.5215.53%
2016₽1.627.04%
2017₽1.683.68%
2018₽1.732.88%
2019₽1.814.47%
2020₽1.873.38%
2021₽1.996.69%
2022₽2.168.47%
2023₽3.0741.82%
2024₽3.183.67%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 8 more rows

This conversion table shows various other 2010 amounts in today's rubles, based on the 217.95% change in prices:

Conversion: 2010 rubles today
Initial valueEquivalent value
₽1 ruble in 2010₽3.18 rubles today
₽5 rubles in 2010₽15.90 rubles today
₽10 rubles in 2010₽31.80 rubles today
₽50 rubles in 2010₽158.98 rubles today
₽100 rubles in 2010₽317.95 rubles today
₽500 rubles in 2010₽1,589.76 rubles today
₽1,000 rubles in 2010₽3,179.52 rubles today
₽5,000 rubles in 2010₽15,897.58 rubles today
₽10,000 rubles in 2010₽31,795.17 rubles today
₽50,000 rubles in 2010₽158,975.83 rubles today
₽100,000 rubles in 2010₽317,951.67 rubles today
₽500,000 rubles in 2010₽1,589,758.34 rubles today
₽1,000,000 rubles in 2010₽3,179,516.68 rubles today

How to calculate inflation rate for ₽1 since 2010

Our calculations use the following inflation rate formula to calculate the change in value between 2010 and today:

CPI today CPI in 2010
×
2010 RUB value
=
Today's value

Then plug in historical CPI values. The Russian CPI was 65.99377 in the year 2010 and 209.82829231577074 in 2024:

209.8282923157707465.99377
×
₽1
=
₽3.18

₽1 in 2010 has the same "purchasing power" or "buying power" as ₽3.18 in 2024.

To get the total inflation rate for the 14 years between 2010 and 2024, we use the following formula:

CPI in 2024 - CPI in 2010CPI in 2010
×
100
=
Cumulative inflation rate (14 years)

Plugging in the values to this equation, we get:

209.82829231577074 - 65.9937765.99377
×
100
=
218%

Data source & citation

You may use the following MLA citation for this page: “₽1 in 2010 → 2024 | Russia Inflation Calculator.” Official Inflation Data, Alioth Finance, 30 Oct. 2024, https://www.officialdata.org/russia/inflation/2010?amount=1.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 2010 to 2024
Cumulative price change217.95%
Average inflation rate8.61%
Converted amount
₽1 base
₽3.18
Price difference
₽1 base
₽2.18
CPI in 201065.994
CPI in 2024209.828
Inflation in 20106.85%
Inflation in 202417.31%
₽1 in 2010₽3.18 in 2024