I pay some bills in rubles. My currency is euros.

Over the past year I have noticed that I pay more euros for the same bill. Do rubles have a tendency to increase in value regarding Euros? Why?


The answer depends on the timescale. As you can see here, the ruble has lost against the Euro on a ten-year scale, but it went up during the last three months.

I would characterize this as a recovery from a short drop three months ago.

  • Regarding the timescale I would say that my question refereed to the future, something that I see that its risky to ask here - Your reference was really good for me, since, I think its the only answer - looking for the past and drawing my own conclusions.
    – bcloney
    Dec 20 '18 at 0:59

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