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The ruble markup on AI tokens

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Market structure The ruble markup on AI tokens How payment and region restrictions turned access to foreign AI models into a product of its own. Arielle Jaffee · September 2026 · 8 minute read On 23 September 2026, the Bank of Russia's official exchange rate was ₽84.0657 to the dollar. Anthropic lists Claude Sonnet 5 at $2 per million input tokens and $10 per million output tokens.

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Publication timeTue, 22 Sep 2026 23:30:11 +0000
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Market structure The ruble markup on AI tokens How payment and region restrictions turned access to foreign AI models into a product of its own. Arielle Jaffee · September 2026 · 8 minute read On 23 September 2026, the Bank of Russia's official exchange rate was ₽84.0657 to the dollar. Anthropic lists Claude Sonnet 5 at $2 per million input tokens and $10 per million output tokens. Converted at that rate, that is roughly ₽168 and ₽841. That is the provider list price converted into rubles. It is not the same as the retail price offered to a customer paying locally in Russia. AITUNNEL's public page lists Sonnet 5 at ₽400 per million input tokens and ₽2,000 per million output tokens. That is roughly 2.38 times the converted provider list price on both sides of the meter.

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