Result: ₽100 in 1993 → ₽38,248.14 in 2022
Why a ruble today is worth only 0.261% of a ruble in 1993
Updated: January 12, 2022₽100 in 1993 is equivalent in purchasing power to about ₽38,248.14 today, an increase of ₽38,148.14 over 29 years. The ruble had an average inflation rate of 22.76% per year between 1993 and today, producing a cumulative price increase of 38,148.14%.
This means that today's prices are 382.48 times higher than average prices since 1993, according to the World Bank consumer price index for Russia. A ruble today only buys 0.26% of what it could buy back then.
The inflation rate in 1993 was 874.25%. The current year-over-year inflation rate (2021 to 2022) is now 3.38%. If this number holds, ₽100 today will be equivalent in buying power to ₽103.38 next year.
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| Cumulative price change | 38,148.14% |
| Average inflation rate | 22.76% |
| Converted amount (₽100 base) | ₽38,248.14 |
| Price difference (₽100 base) | ₽38,148.14 |
| CPI in 1993 | 9.742 |
| CPI in 2022 | 3,726.308 |
| Inflation in 1993 | 874.25% |
| Inflation in 2022 | 3.38% |
| ₽100 in 1993 | ₽38,248.14 in 2022 |
Buying power of ₽100 in 1993
This chart shows a calculation of buying power equivalence for ₽100 in 1993 (price index tracking began in 1992).
For example, if you started with ₽100, you would need to end with ₽38,248.14 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When ₽100 is equivalent to ₽38,248.14 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 1993 dollars, the chart below shows how ₽100 is worth less over 29 years.
According to the World Bank, each of these RUB amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1993 amounts in today's rubles, based on the 38,148.14% change in prices:
| Initial value | Equivalent value |
|---|---|
| ₽1 ruble in 1993 | ₽382.48 rubles today |
| ₽5 rubles in 1993 | ₽1,912.41 rubles today |
| ₽10 rubles in 1993 | ₽3,824.81 rubles today |
| ₽50 rubles in 1993 | ₽19,124.07 rubles today |
| ₽100 rubles in 1993 | ₽38,248.14 rubles today |
| ₽500 rubles in 1993 | ₽191,240.69 rubles today |
| ₽1,000 rubles in 1993 | ₽382,481.38 rubles today |
| ₽5,000 rubles in 1993 | ₽1,912,406.91 rubles today |
| ₽10,000 rubles in 1993 | ₽3,824,813.82 rubles today |
| ₽50,000 rubles in 1993 | ₽19,124,069.10 rubles today |
| ₽100,000 rubles in 1993 | ₽38,248,138.20 rubles today |
| ₽500,000 rubles in 1993 | ₽191,240,690.98 rubles today |
| ₽1,000,000 rubles in 1993 | ₽382,481,381.96 rubles today |
How to Calculate Inflation Rate for ₽100 since 1993
Our calculations use the following inflation rate formula to calculate the change in value between 1993 and today:
CPI today
CPI in 1993
×
1993 RUB value
=
Today's value
Then plug in historical CPI values. The Russian CPI was 9.742457203802001 in the year 1993 and 3726.3084950208167 in 2022:
3726.30849502081679.742457203802001
×
₽100
=
₽38,248.14
₽100 in 1993 has the same "purchasing power" or "buying power" as ₽38,248.14 in 2022.
To get the total inflation rate for the 29 years between 1993 and 2022, we use the following formula:
CPI in 2022 - CPI in 1993CPI in 1993
×
100
=
Cumulative inflation rate (29 years)
Plugging in the values to this equation, we get:
3726.3084950208167 - 9.7424572038020019.742457203802001
×
100
=
38,148%
News headlines from 1993
Politics and news often influence economic performance. Here's what was happening at the time:
- Letters of mutual recognition are exchanged between Israel and the Palestine Liberation Organization.
- The Nobel Peace Prize is awarded to Nelson Mandela and South African President de Klerk.
- A new democratic constitution is approved by black and white leaders in South Africa.
Data Source & Citation
You may use the following MLA citation for this page: “Russia Inflation Calculator: World Bank data, 1993-2022 (RUB).” Official Inflation Data, Alioth Finance, 17 Jan. 2022, https://www.officialdata.org/russia/inflation.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 38,148.14% |
| Average inflation rate | 22.76% |
| Converted amount (₽100 base) | ₽38,248.14 |
| Price difference (₽100 base) | ₽38,148.14 |
| CPI in 1993 | 9.742 |
| CPI in 2022 | 3,726.308 |
| Inflation in 1993 | 874.25% |
| Inflation in 2022 | 3.38% |
| ₽100 in 1993 | ₽38,248.14 in 2022 |