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EDU
EDU
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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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calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
Br3.48
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Binance
Br1.61
0.1000% / 0.1000%
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Gate.io
Br1.61
0.1000% / 0.1000%
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KuCoin
Br1.61
0.1000% / 0.1000%
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$164.05M
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$11.43M
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339.34M EDU

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0.5 EDU
Br0.7902
1 EDU
Br1.58
5 EDU
Br7.9
10 EDU
Br15.8
50 EDU
Br79.02
100 EDU
Br158.03
500 EDU
Br790.15
1000 EDU
Br1,580.3

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0.5BYN0.3164  EDU
1BYN0.6328  EDU
5BYN3.16  EDU
10BYN6.33  EDU
50BYN31.64  EDU
100BYN63.28  EDU
500BYN316.4  EDU
1000BYN632.79  EDU

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0.5 EDU$0.2417$0.2514
-3.84%
1 EDU$0.4834$0.5028
-3.84%
5 EDU$2.42$2.51
-3.84%
10 EDU$4.83$5.03
-3.84%
50 EDU$24.17$25.14
-3.84%
100 EDU$48.34$50.28
-3.84%
500 EDU$241.71$251.38
-3.84%
1000 EDU$483.42$502.77
-3.84%

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0.5 EDU$0.2417$0.2750
-12.08%
1 EDU$0.4834$0.5499
-12.08%
5 EDU$2.42$2.75
-12.08%
10 EDU$4.83$5.5
-12.08%
50 EDU$24.17$27.5
-12.08%
100 EDU$48.34$54.99
-12.08%
500 EDU$241.71$274.97
-12.08%
1000 EDU$483.42$549.94
-12.08%

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0.5 EDU$0.2417$0.2536
-4.66%
1 EDU$0.4834$0.5071
-4.66%
5 EDU$2.42$2.54
-4.66%
10 EDU$4.83$5.07
-4.66%
50 EDU$24.17$25.36
-4.66%
100 EDU$48.34$50.71
-4.66%
500 EDU$241.71$253.55
-4.66%
1000 EDU$483.42$507.11
-4.66%

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