• MF_COOM [he/him]
    ·
    5 months ago

    I am very stupid - how does that graph show that the Ruble is getting stronger?

      • MF_COOM [he/him]
        ·
        5 months ago

        Please explain it like I'm dumb lol that doesn't seem like it's getting stronger to me

        Oh wait I think I get it ty

        • Tachanka [comrade/them]
          ·
          5 months ago

          1 dollar used to be exchangeable for 91 rubles

          now 1 dollar can only be exchanged for 85 rubles

          this means the dollar is inflating faster than the ruble

          and possibly that the ruble is deflating (though that part I am not sure of)

        • alexandra_kollontai [she/her]
          ·
          5 months ago

          Previously, Russians could use their 91 rubles to buy a dollar. Now they can buy a dollar AND have 6 rubles left over, because the dollar only costs 85. This means the ruble can buy more dollars, so it's becoming stronger.