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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?

closed as primarily opinion-based by Dheer, Chris W. Rea, Rupert Morrish, JoeTaxpayer Dec 18 '18 at 13:20

Many good questions generate some degree of opinion based on expert experience, but answers to this question will tend to be almost entirely based on opinions, rather than facts, references, or specific expertise. If this question can be reworded to fit the rules in the help center, please edit the question.

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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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