Crimea Adopting Russian Currency

24 march 2014

On March 24, 2014, the Russian ruble became legal tender in the Republic of Crimea and Sevastople city after their joining the Russian Federation. Since then, all settlements in any payments with one party as a Russian resident have transferred to the RF currency. The Ukrainian hryvnia may still be used till January 1, 2016, after which the ruble is to become Crimea's only currency.

UAH will be in exchange at a set rate (3.8 rubles per hryvnia) without any restrictions. 

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