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VELA to RUB Converter and calculator

VELA/RUB: 1 VELA = 0.4136 RUB. The price of converting 1 Vela Exchange (VELA) to Russian Ruble (RUB) is 0.4136 RUB today.
VELA
VELA
RUB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VELA to RUB real-time exchange rates, making it easy to convert Vela Exchange (VELA) to Russian Ruble (RUB). The conversion result is based on real-time data. The conversion result shows that 1 VELA is currently valued at 0.41 RUB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VELA is currently valued at 0.41 RUB, which means buying 5 VELA would cost 2.07 RUB. Similarly, ₽1 RUB can be converted to 2.42 VELA, and ₽50 RUB can be converted to 12.09 VELA, excluding any platform or gas fees.

Convert VELA to RUB

Convert RUB to VELA

Vela Exchange
Russian Ruble
1000 VELA
413.65  RUB
5000 VELA
2,068.25  RUB
10000 VELA
4,136.5  RUB
In the table above, you'll find a comprehensive VELA to RUB converter that shows the value of Vela Exchange in Russian Ruble across commonly used conversion amounts. The list covers conversions from 1 VELA to RUB, all the way up to 10000 VELA, providing a clear view of their respective values.
Russian Ruble
Vela Exchange
5000 RUB
12,087.52 VELA
10000 RUB
24,175.05 VELA
50000 RUB
120,875.23 VELA
100000 RUB
241,750.46 VELA
In the table above, you'll find a comprehensive RUB to VELA converter that shows the value of Russian Ruble in Vela Exchange across commonly used conversion amounts. The list covers conversions from 1 RUB to VELA, all the way up to 100000 RUB, providing a clear view of their respective values.

VELA to RUB chart

VELA/RUB: 1 VELA = 0.4136 RUB; 2025/04/27 23:08:48
In the past 1D, Vela Exchange has changed +11.23% to RUB. Based on the trend and price charts, Vela Exchange(VELA) has changed +11.23% to RUB while Russian Ruble(RUB) has changed % to VELA in the last 24 hours.
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VELA to RUB conversion data: Volatility and price changes of Vela Exchange in RUB

The highest Vela Exchange price in RUB over the past 7 days was 0.4889 RUB while the lowest Vela Exchange price in RUB over the past 7 days was 0.3333 RUB. The relative change between the highs and lows in Vela Exchange price in RUB over the last 7 days indicates a volatility of %. You can view additional volatility data and VELA to RUB prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.4311 RUB
0.4889 RUB
0.6666 RUB
2.7 RUB
Low
0.3582 RUB
0.3333 RUB
0.3333 RUB
0.3333 RUB
Average
0 RUB
0 RUB
0 RUB
0 RUB
Volatility
%
%
%
%
Change
+11.23%
-9.61%
-22.60%
-75.71%

Vela Exchange information

VELA to RUB market statistics

VELA/RUB:
₽0.4136
VELA 24h volume:
₽1,543,045.62
VELA market cap:
--
VELA circulating supply:
0 VELA

Current VELA to RUB exchange rate

Vela Exchange to Russian Ruble is falling this week.
Vela Exchange's current market price is ₽0.4136 per VELA, with a total market cap of ₽0 RUB based on a circulating supply of -- VELA. The trading volume of Vela Exchange has changed by -1.84% (₽-28,951.47 RUB) in the last 24 hours. Last trading day, VELA's trading volume was ₽1,571,997.09.

More info about Vela Exchange on Bitget

Russian Ruble information

About the Russian Ruble (RUB)

What Is the Russian Ruble (RUB)?

The Russian Ruble (RUB), symbolized as ₽, is the national currency of Russia and holds the distinction of being the second oldest currency in the world, following the British Pound Sterling. Its roots trace back to the 14th century, with a significant milestone in 1704 when it became the first European currency to be decimalized, dividing the ruble into 100 kopeks. The Russian Ruble is the sole legal tender in Russia, and it is used for all transactions within the country.

The Russian Ruble is issued by the Central Bank of Russia, also known as the Bank of Russia. This institution is responsible for the production and distribution of ruble banknotes and coins, and it plays a crucial role in maintaining the stability and integrity of the Russian currency. The Central Bank of Russia also implements monetary policy, manages foreign exchange reserves, and works to ensure the overall stability of the financial system in Russia.

What Is the History of RUB?

In 1704, under Peter the Great's rule, the ruble was standardized to 28 grams of silver. This standard underwent a change in 1885, adjusting the gold content but retaining the silver ruble's value. The Soviet era saw further transformations, with the introduction of new notes and coins in 1991, followed by a significant reform in 1993 aimed at phasing out Soviet-era currencies.

Notes and Coins of RUB

The Russian Ruble is issued in both coin and banknote forms, each with distinctive features and denominations. Coins come in various denominations, including 1, 2, 5, 10 rubles, and smaller values like 1, 5, 10, and 50 kopeks. These coins are distinguished by their size, composition (often a blend of nickel and brass). On the other hand, Ruble banknotes are printed in denominations of 50, 100, 200, 500, 1000, 2000, and 5000 rubles. The banknotes are made of durable polymer or high-quality paper, featuring advanced security elements to prevent counterfeiting.

Modern Russian Ruble

In recent years, the Russian Ruble has seen further innovations. 2009 marked the introduction of a new 10-ruble coin with advanced security features. The Central Bank of Russia also released new 200 and 2,000 ruble notes in 2017, featuring icons and cities chosen through an online poll. Despite these changes, the ruble's value has been subject to fluctuations, often influenced by political and economic factors rather than its strong oil export background.

Ruble in International Trade

A significant move in international trade came in 2010 when Russia and China agreed to use their currencies instead of the USD for bilateral trade. This decision aimed to strengthen their economies and reduce dependency on the US dollar, especially during economic crises. However, the ruble's value is not strongly correlated with oil prices, a major Russian export, due to ongoing political uncertainties within Russia.

Why Is the Russian Ruble Not a Strong Currency?

The Russian Ruble has historically not been considered a strong currency due to several key reasons. Economic instability and the impact of international sanctions, particularly following geopolitical events like the annexation of Crimea in 2014, have significantly influenced its value. The Russian economy's heavy reliance on oil and gas exports makes the ruble vulnerable to global commodity price fluctuations, often leading to revenue instability. Additionally, periods of high inflation have eroded the currency's value. Political risks and governance issues in Russia further exacerbate this situation, as they can deter foreign investment and shake global confidence in the ruble. Moreover, the monetary policy decisions of the Central Bank of Russia, which sometimes prioritize controlling inflation over maintaining a strong currency, also play a crucial role.

Do Russia and Belarus Both Use Ruble?

Yes, both Russia and Belarus use currencies called the "Ruble," but they are distinct from each other. Russia uses the Russian Ruble (RUB), while Belarus has its own currency, the Belarusian Ruble (BYN). Despite sharing a name, these are separate currencies with different values and are managed independently by their respective countries' central banks.

Bitget crypto-to-fiat exchange data shows that the most popular Vela Exchange currency pair is the VELA to RUB, with for Vela Exchange's currency code being VELA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for RUB.

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How to convert VELA to RUB

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Bitget P2P trading does not currently support direct buying of VELA with RUB. However, you can buy USDT in Bitget P2P trading first, and then buy VELA with USDT via Bitget spot market.
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VELA to RUB Conversion tables

The exchange rate of Vela Exchange is decreasing.
The exchange rate of 1 VELA to Russian Ruble has changed by -9.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by +11.23%, reaching a high of 0.4311 RUB and a low of 0.3582 RUB . One month ago, the value of 1 VELA was ₽0.5302 RUB , which represents a -22.60% change from its current value. Over the last year, Vela Exchange has changed by
-
47.68RUB
, resulting in a change of -99.17% in its value.
24 hours ago1 month ago1 year ago
Amount23:08 today24 hours ago24h change
0.5 VELA₽0.2068₽0.1867
+11.23%
1 VELA₽0.4136₽0.3733
+11.23%
5 VELA₽2.07₽1.87
+11.23%
10 VELA₽4.14₽3.73
+11.23%
50 VELA₽20.68₽18.67
+11.23%
100 VELA₽41.36₽37.33
+11.23%
500 VELA₽206.82₽186.66
+11.23%
1000 VELA₽413.65₽373.32
+11.23%

VELA to RUB FAQ

How much is 1 Vela Exchange in RUB?
Right now, the price of 1 Vela Exchange (VELA) in Russian Ruble (RUB) is ₽0.4136.
How much VELA can I buy for 1 RUB?
Based on the current exchange rate, you can get 2.42 VELA for 1 RUB.
How do I calculate or convert VELA to RUB?
You can use our VELA to RUB calculator at the top of this page to convert any amount of VELA to RUB. We've also included quick-reference tables for the most popular conversions. For example, 5 RUB is equivalent to 12.09 VELA, while 5 VELA will cost around 2.07RUB.
What is the highest price of VELA/RUB in history?
The all-time high price of 1 VELA in RUB is ₽634.22. It remains to be seen if the value of 1 VELA/RUB will exceed the current all-time high.
What is the price trend of Vela Exchange in RUB?
Over the past 7 days, the exchange rate of Vela Exchange (VELA) has gone down by 9.61%.   Over the last month, the exchange rate of Vela Exchange (VELA) has gone down by 22.60% against Russian Ruble (RUB).

What factors influence the conversion rate of VELA to RUB?

There are many factors that affect the relationship between Vela Exchange and Russian Ruble, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of VELA/RUB. When there is positive news in the market about the widespread adoption of VELA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VELA/RUB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VELA/RUB.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of VELA/RUB. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Vela Exchange and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.