The Russian ruble is the official currency of the Russian Federation. The official currency symbol; ₽ – р / коп – к. The ruble has been used in the Russian territories since the 14th century. The current Russian ruble was introduced in December 1991 and used at par with the Soviet ruble, which was replaced entirely in September 1993. In 1992, the Russian Federation introduced coins in denominations of 1, 5, 10, 20, 50, and 100 rubles. In 1998, the Government redenominated the Russian and introduced new coins of 1 коп, 5 коп, 10 коп, 50 коп, 1₽, 2₽ 5₽ and 10₽.
The 1 ruble coin front design features the National Coat of Arms, the name of the country between two doubled rhombuses (РОССИЙСКАЯ ФЕДЕРАЦИЯ / RUSSIAN FEDERATION), the Bank of Russia inscription and the issue date. The reverse of the coin illustrates the denomination followed by a stylized vegetative ornamental design. This coin is part of the 2016 – 2020 series, its rim is fluted, and its color is silver.
Text: РОССИЙСКАЯ ФЕДЕРАЦИЯ, ММД, БАНК РОССИИ, 2016, 1 РУБЛЬ.