**Result:**
₽100
in 1993 →
₽37,780.36
in 2021

₽100 in 1993 is equivalent in purchasing power to about ₽37,780.36 today, an increase of ₽37,680.36 over 28 years. The ruble had an average inflation rate of 23.61% per year between 1993 and today, producing a cumulative price increase of 37,680.36%.

This means that today's prices are 377.80 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 1993 inflation rate was 874.25%. The current year-over-year inflation rate (2020 to 2021) is now 4.47%^{1}.
If this number holds, ₽100 today will be equivalent in buying power to ₽104.47 next year.

⌃

Cumulative price change | 37,680.36% |

Average inflation rate | 23.61% |

Converted amount (₽100 base) | ₽37,780.36 |

Price difference (₽100 base) | ₽37,680.36 |

CPI in 1993 | 0.522 |

CPI in 2021 | 197.272 |

Inflation in 1993 | 874.25% |

Inflation in 2021 | 4.47% |

₽100 in 1993 | ₽37,780.36 in 2021 |

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 ₽37,780.36 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When ₽100 is equivalent to ₽37,780.36 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 28 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 37,680.36% change in prices:

Initial value | Equivalent value |
---|---|

₽1 ruble in 1993 | ₽377.80 rubles today |

₽5 rubles in 1993 | ₽1,889.02 rubles today |

₽10 rubles in 1993 | ₽3,778.04 rubles today |

₽50 rubles in 1993 | ₽18,890.18 rubles today |

₽100 rubles in 1993 | ₽37,780.36 rubles today |

₽500 rubles in 1993 | ₽188,901.78 rubles today |

₽1,000 rubles in 1993 | ₽377,803.56 rubles today |

₽5,000 rubles in 1993 | ₽1,889,017.78 rubles today |

₽10,000 rubles in 1993 | ₽3,778,035.56 rubles today |

₽50,000 rubles in 1993 | ₽18,890,177.79 rubles today |

₽100,000 rubles in 1993 | ₽37,780,355.58 rubles today |

₽500,000 rubles in 1993 | ₽188,901,777.92 rubles today |

₽1,000,000 rubles in 1993 | ₽377,803,555.85 rubles today |

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 0.522154633 in the year 1993 and 197.27187705051426 in 2021:

197.271877050514260.522154633

×

₽100

=

₽100 in 1993 has the same "purchasing power" or "buying power" as ₽37,780.36 in 2021.

To get the total inflation rate for the 28 years between 1993 and 2021, we use the following formula:

CPI in 2021 - CPI in 1993CPI in 1993

×

100

=

Plugging in the values to this equation, we get:

197.27187705051426 - 0.5221546330.522154633

×

100

=

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.

You may use the following MLA citation for this page: “Russia Inflation Calculator: World Bank data, 1993-2021 (RUB).” Official Inflation Data, Alioth Finance, 17 Feb. 2021, https://www.officialdata.org/russia/inflation.

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

Cumulative price change | 37,680.36% |

Average inflation rate | 23.61% |

Converted amount (₽100 base) | ₽37,780.36 |

Price difference (₽100 base) | ₽37,680.36 |

CPI in 1993 | 0.522 |

CPI in 2021 | 197.272 |

Inflation in 1993 | 874.25% |

Inflation in 2021 | 4.47% |

₽100 in 1993 | ₽37,780.36 in 2021 |