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MXM
MXM
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BYN
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About Belarusian Ruble (BYN)

The Belarusian Ruble (BYN), the official currency of Belarus, is a symbol of the nation’s economic journey and resilience. It is commonly abbreviated as BYN and represented by the symbol Br. With its complex history and pivotal role in Belarus's economy, the Ruble offers a unique insight into the challenges and triumphs of this Eastern European country.

Historical Background

The Belarusian Ruble was introduced shortly after the country gained independence following the dissolution of the Soviet Union in 1991. This change marked a significant moment in Belarus’s history, as the nation sought to establish its own identity and economic autonomy. The early years of the Ruble were marked by hyperinflation and economic instability, mirroring the tumultuous transition from a Soviet republic to an independent state.

Design and Symbolism

The design of the Belarusian Ruble reflects the country’s cultural heritage and national identity. The notes and coins feature prominent historical figures, landmarks, and national symbols. For instance, the Mir Castle and the Nesvizh Castle, both UNESCO World Heritage Sites, are depicted on certain denominations, symbolizing Belarus's rich historical legacy. These designs serve not just as monetary instruments but also as a reminder of the nation's past and its cultural richness.

Economic Role and Value

The Ruble plays a crucial role in the Belarusian economy, facilitating trade and investment within the country. Over the years, the government and the National Bank of Belarus have implemented various reforms to stabilize the currency and control inflation. These efforts have been critical in building confidence in the Ruble and ensuring its functionality as a reliable medium of exchange.

Monetary Reforms and Redenomination

Belarus has undergone several redenominations of its currency, a response to historical periods of high inflation. The most recent redenomination in 2016 aimed to simplify transactions and restore public confidence in the national currency. This move was also part of broader economic reforms intended to stabilize and modernize the Belarusian economy.

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1D7D1M3M1YAll
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Bitgethot-iconcalculator.compare.best
Br0.02794
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Bybit
Br0.02792
0.1000% / 0.1000%
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KuCoin
Br0.02792
0.1000% / 0.1000%
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$0
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$21.56K
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0 MXM

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0.5 MXM
Br0.01399
1 MXM
Br0.02797
5 MXM
Br0.1399
10 MXM
Br0.2797
50 MXM
Br1.4
100 MXM
Br2.8
500 MXM
Br13.99
1000 MXM
Br27.97

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0.5BYN17.88  MXM
1BYN35.75  MXM
5BYN178.76  MXM
10BYN357.52  MXM
50BYN1,787.59  MXM
100BYN3,575.19  MXM
500BYN17,875.93  MXM
1000BYN35,751.85  MXM

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0.5 MXM$0.004273$0.004349
-1.74%
1 MXM$0.008546$0.008698
-1.74%
5 MXM$0.04273$0.04349
-1.74%
10 MXM$0.08546$0.08698
-1.74%
50 MXM$0.4273$0.4349
-1.74%
100 MXM$0.8546$0.8698
-1.74%
500 MXM$4.27$4.35
-1.74%
1000 MXM$8.55$8.7
-1.74%

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0.5 MXM$0.004273$0.004297
-0.55%
1 MXM$0.008546$0.008593
-0.55%
5 MXM$0.04273$0.04297
-0.55%
10 MXM$0.08546$0.08593
-0.55%
50 MXM$0.4273$0.4297
-0.55%
100 MXM$0.8546$0.8593
-0.55%
500 MXM$4.27$4.3
-0.55%
1000 MXM$8.55$8.59
-0.55%

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0.5 MXM$0.004273$-0.{4}1287
-90.75%
1 MXM$0.008546$-0.{4}2574
-90.75%
5 MXM$0.04273$-0.0001287
-90.75%
10 MXM$0.08546$-0.0002574
-90.75%
50 MXM$0.4273$-0.001287
-90.75%
100 MXM$0.8546$-0.002574
-90.75%
500 MXM$4.27$-0.01287
-90.75%
1000 MXM$8.55$-0.02574
-90.75%

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