I may be wrong but my interpretation of this is actually EUR/RUB as shown in the bottom left, so what you’re seeing is the trend of how many rubles to a euro. It used to be 50 or so rubles per euro a year ago, now it’s almost 100 (actually over 100 at time of writing). That means, after accounting for changes in the euros value over the last year, a euro gets you twice as much rubles as it did a year ago, which implies it’s worth half as much as it was (the ruble).
No, the chart shows Russian rubles to the US dollar. Notice how it says above the box in the lower left: Compare to. The number is cut off but you can still tell that EUR / RUB conversion is around 104 and some change. That’s what it’s close to right now:
I may be wrong but my interpretation of this is actually EUR/RUB as shown in the bottom left, so what you’re seeing is the trend of how many rubles to a euro. It used to be 50 or so rubles per euro a year ago, now it’s almost 100 (actually over 100 at time of writing). That means, after accounting for changes in the euros value over the last year, a euro gets you twice as much rubles as it did a year ago, which implies it’s worth half as much as it was (the ruble).
No, the chart shows Russian rubles to the US dollar. Notice how it says above the box in the lower left: Compare to. The number is cut off but you can still tell that EUR / RUB conversion is around 104 and some change. That’s what it’s close to right now:
https://www.oanda.com/currency-converter/en/?from=EUR&to=RUB&amount=1
Ok so take what I said and replaced EUR with USD and there you go.