I’m not afraid to admit my ignorance; why are they using a green graph line going up to denote that the ruble is going down in value here? The context of the graph seems ambiguous. Is it because that’s actually denoting the value of USD in the equation? Or is the color in this particular instance irrelevant and it’s way too zoomed out to be very useful at a real-time level? I know the ruble is nose diving, so I’m not sure how to read this graph other than “96.41 rubles = 1 USD.”
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:
You’re reading it correctly, but it will make more sense if you swap it around and say 1 USD = 96.41 RUB. The graph is the value of $1 in rubles. When USD can buy more RUB, the line goes up.
They are looking at the USD/Ruble chart. It’s green because the value of USD has gone up in comparison to the ruble.
If you were a Russian looking to buy USD as an investment this is the chart you would look at. Green means your USD account has gone up. This is the opposite of the chart you would want to look at to see the ruble’s value.
Yes, it’s converting another currency to rubles (at the bottom it’s suggesting euros to rubles and yen to rubles)
So it’s showing the rise in how many rubles you can buy for another currency. Used to get 50 rubles for a dollar, now it’s 94 rubles for a dollar. But green line goes up, so it must be good!
I think it’s green because it’s going up, even if it’s a bad thing the graph goes up and the software is programmed to show a green line if this goes up. I think that if the graph was made different (such as, USD to get a RUB) the line could be red.
The line is how many rubles per US dollar, likely. (I’m not looking too closely.) If the ruble falls in value, then you need more of them to buy a US dollar. See how that works?
A falling graph would be how many US dollars per ruble.
I’m not afraid to admit my ignorance; why are they using a green graph line going up to denote that the ruble is going down in value here? The context of the graph seems ambiguous. Is it because that’s actually denoting the value of USD in the equation? Or is the color in this particular instance irrelevant and it’s way too zoomed out to be very useful at a real-time level? I know the ruble is nose diving, so I’m not sure how to read this graph other than “96.41 rubles = 1 USD.”
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.
You’re reading it correctly, but it will make more sense if you swap it around and say 1 USD = 96.41 RUB. The graph is the value of $1 in rubles. When USD can buy more RUB, the line goes up.
It also show that the dollar is going up in value vs the ruble. If you own dollars then it’s a good thing, so it all depends on your perspective.
They are looking at the USD/Ruble chart. It’s green because the value of USD has gone up in comparison to the ruble.
If you were a Russian looking to buy USD as an investment this is the chart you would look at. Green means your USD account has gone up. This is the opposite of the chart you would want to look at to see the ruble’s value.
Yes, it’s converting another currency to rubles (at the bottom it’s suggesting euros to rubles and yen to rubles)
So it’s showing the rise in how many rubles you can buy for another currency. Used to get 50 rubles for a dollar, now it’s 94 rubles for a dollar. But green line goes up, so it must be good!
I think it’s green because it’s going up, even if it’s a bad thing the graph goes up and the software is programmed to show a green line if this goes up. I think that if the graph was made different (such as, USD to get a RUB) the line could be red.
The line is how many rubles per US dollar, likely. (I’m not looking too closely.) If the ruble falls in value, then you need more of them to buy a US dollar. See how that works?
A falling graph would be how many US dollars per ruble.