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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
Br0.5505
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Gate.io
Br0.5531
0.1000% / 0.1000%
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$6.13M
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$83.07K
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35.98M REF

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0.5 REF
Br0.2789
1 REF
Br0.5577
5 REF
Br2.79
10 REF
Br5.58
50 REF
Br27.89
100 REF
Br55.77
500 REF
Br278.85
1000 REF
Br557.7

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0.5BYN0.8965  REF
1BYN1.79  REF
5BYN8.97  REF
10BYN17.93  REF
50BYN89.65  REF
100BYN179.31  REF
500BYN896.54  REF
1000BYN1,793.07  REF

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0.5 REF$0.08520$0.08279
+2.91%
1 REF$0.1704$0.1656
+2.91%
5 REF$0.8520$0.8279
+2.91%
10 REF$1.7$1.66
+2.91%
50 REF$8.52$8.28
+2.91%
100 REF$17.04$16.56
+2.91%
500 REF$85.2$82.79
+2.91%
1000 REF$170.39$165.58
+2.91%

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0.5 REF$0.08520$0.1024
-16.77%
1 REF$0.1704$0.2047
-16.77%
5 REF$0.8520$1.02
-16.77%
10 REF$1.7$2.05
-16.77%
50 REF$8.52$10.24
-16.77%
100 REF$17.04$20.47
-16.77%
500 REF$85.2$102.37
-16.77%
1000 REF$170.39$204.74
-16.77%

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0.5 REF$0.08520$0.03828
+122.51%
1 REF$0.1704$0.07657
+122.51%
5 REF$0.8520$0.3828
+122.51%
10 REF$1.7$0.7657
+122.51%
50 REF$8.52$3.83
+122.51%
100 REF$17.04$7.66
+122.51%
500 REF$85.2$38.28
+122.51%
1000 REF$170.39$76.57
+122.51%

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