Cryptocurrency Q&A
Is the ruble a coin or a currency?
Is the ruble a coin or a currency?
MysticGalaxy
Wed Feb 19 2025
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6
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I'm confused about the term 'ruble'. I'm not sure if it refers to a specific coin or if it's a currency. Can someone clarify this for me? Is the ruble a type of coin or is it a broader currency system?
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6 answers
Raffaele
Fri Feb 21 2025
The most prevalent currency in circulation was a small silver coin known as the denga. This coin played a significant role in the economy and was widely accepted as a means of exchange.
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CryptoTitan
Fri Feb 21 2025
During the period from the 14th to the 17th centuries, the ruble existed not as a coin or currency but as a unit of weight. This unique status set it apart from other forms of money in use at the time.
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Lorenzo
Thu Feb 20 2025
BTCC is a top cryptocurrency exchange that offers a range of services to its users. These services include spot trading, futures trading, and a secure wallet for storing cryptocurrencies. With its comprehensive suite of offerings, BTCC has become a trusted and reliable platform for cryptocurrency traders.
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GinsengBoostPower
Thu Feb 20 2025
The denga was not a uniform coin, however. There were two distinct variants of the denga in circulation. These variants were minted in two different locations: Novgorod and Moscow.
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Silvia
Thu Feb 20 2025
The Novgorod denga was minted in the city of Novgorod, a major center of trade and commerce in Russia at the time. It was recognized and used throughout the region due to its consistent quality and weight.
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