Russian Ruble - Etymology - Currency Symbol

Currency Symbol

A currency symbol was used for the rouble between the 16th century and the 18th century. The symbol consisted of the Russian letters "Р" (rotated by 90° counter-clockwise) and "У" (written on top of it). The symbol was placed over the amount number it belonged to. This symbol, however, fell into disuse during the 19th century onward.

Two candidates for the rouble sign

No official symbol was used during the final years of the Empire, nor was one introduced in the Soviet Union. The characters R and руб. were used and remain in use today, though they are not official.

In July 2007, the Central Bank of Russia announced that it would decide on a symbol for the rouble and would test 13 symbols. This included the symbol РР (RR in Russian for Russian Rouble), which has received preliminary approval from the Central Bank. However, one more symbol, a Р with a horizontal stroke below the top similar to the Philippine peso sign, was proposed unofficially. Proponents of the new sign claim that it is simple, recognizable and similar to other currency signs. This symbol is also similar to Armenian letter ք.

Another candidate for a rouble symbol was selected in a competition organized by the Russian News and Information Agency. The "Swanling" symbol was one of 20 winners of the competition and was also one of eight winners of a competition organized by the website KM.RU in 2006.

Read more about this topic:  Russian Ruble, Etymology

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