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base info RMRK

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RMRK
RMRK
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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
Br1.03
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Gate.io
Br1.03
0.1000% / 0.1000%
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KuCoin
Br2.14
0.1000% / 0.1000%
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$2.83M
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$9.58K
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9.09M RMRK

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0.5 RMRK
Br0.5087
1 RMRK
Br1.02
5 RMRK
Br5.09
10 RMRK
Br10.17
50 RMRK
Br50.87
100 RMRK
Br101.73
500 RMRK
Br508.66
1000 RMRK
Br1,017.33

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0.5BYN0.4915  RMRK
1BYN0.9830  RMRK
5BYN4.91  RMRK
10BYN9.83  RMRK
50BYN49.15  RMRK
100BYN98.3  RMRK
500BYN491.48  RMRK
1000BYN982.97  RMRK

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0.5 RMRK$0.1556$0.1623
-4.13%
1 RMRK$0.3112$0.3246
-4.13%
5 RMRK$1.56$1.62
-4.13%
10 RMRK$3.11$3.25
-4.13%
50 RMRK$15.56$16.23
-4.13%
100 RMRK$31.12$32.46
-4.13%
500 RMRK$155.6$162.31
-4.13%
1000 RMRK$311.2$324.63
-4.13%

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0.5 RMRK$0.1556$0.1658
-6.14%
1 RMRK$0.3112$0.3315
-6.14%
5 RMRK$1.56$1.66
-6.14%
10 RMRK$3.11$3.32
-6.14%
50 RMRK$15.56$16.58
-6.14%
100 RMRK$31.12$33.15
-6.14%
500 RMRK$155.6$165.77
-6.14%
1000 RMRK$311.2$331.54
-6.14%

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0.5 RMRK$0.1556$0.8480
-81.65%
1 RMRK$0.3112$1.7
-81.65%
5 RMRK$1.56$8.48
-81.65%
10 RMRK$3.11$16.96
-81.65%
50 RMRK$15.56$84.8
-81.65%
100 RMRK$31.12$169.6
-81.65%
500 RMRK$155.6$848
-81.65%
1000 RMRK$311.2$1,696
-81.65%

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