Russia sent $ 14.6 billions worth remittances internationally and received $ 6.8 billions in year 2015. Remittance market of Russia or Russian Federation is quite mature and hosts all major players.
If you want to send money to Russia, you’ll find many money transfer services for it. So you must compare them to make a better and informed decision. A search and compare platform for international money transfer services like Exchange Rate IQ can help you find best way to transfer money to Russia.
You can not only compare the remittance provider’s exchange rate, transfer time, estimated value in RUB etc but you can also check reviews of money transfer services. This will help you choose a money transfer service. With our listing of latest offers by remittance providers you can also save money on your remittance to Russia.
Current Exchange Rate(Mid Market) :- 56.3699 RUB/USD
is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
- Selling exchange rate - at which sellers are willing to sell a particular currency and
- Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.