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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.71%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$80084.60 (-2.92%)Fear and Greed Index45(Neutral)
Total spot Bitcoin ETF netflow +$13.3M (1D); -$1.3B (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.71%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$80084.60 (-2.92%)Fear and Greed Index45(Neutral)
Total spot Bitcoin ETF netflow +$13.3M (1D); -$1.3B (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
ABEL
BYN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Abelian(ABEL) to Belarusian Ruble(BYN). This is the real-time data. The current conversion shows 1 ABEL at a value of 1 ABEL for 0.11 BYN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
BYN information
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.
Bitget crypto-to-fiat exchange data shows that the most popular Abelian currency pair is the ABEL to BYN, with for Abelian's currency code being ABEL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BYN.
ABEL to BYN conversion rate trend
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In the past 1D, Abelian has changed -3.01% to BYN. Based on the trend and price charts, Abelian(ABEL) has changed -3.01% to BYN while Belarusian Ruble(BYN) has changed % to ABEL in the last 24 hours.
ABEL to BYN market statistics
ABEL/BYN:
Br 0.1150
ABEL 24h volume:
Br 87,661.15
ABEL market cap:
Br 10,912,006.06
ABEL circulating supply:
94.92M ABEL
More info about Abelian on Bitget
Current ABEL to BYN exchange rate
Abelian to Belarusian Ruble is falling this week.Abelian's current market price is Br 0.1150 per ABEL, with a total market cap of Br 10,912,006.06 BYN based on a circulating supply of 94,917,890 ABEL. The trading volume of Abelian has changed by +19.72% (Br 14,438.06 BYN) in the last 24 hours. Last trading day, ABEL's trading volume was Br 73,223.09.
ABEL to BYN Conversion tables
The exchange rate of Abelian is decreasing.1 ABEL is currently valued at Br 0.1150 BYN , which means buying 5 ABEL will cost Br 0.5748 BYN . Similarly, Br1 BYN can be traded for 8.7 ABEL, and Br50 BYN can be converted to 434.92 ABEL, excluding any platform or gas fees.
The exchange rate of 1 ABEL to Belarusian Ruble has changed by -17.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.01%, reaching a high of 0.1228 BYN and a low of 0.1141 BYN . One month ago, the value of 1 ABEL was Br 0.2046 BYN , which represents a -43.80% change from its current value. Over the last year, Abelian has changed by , resulting in a change of -94.47% in its value.
-Br
1.97BYNABEL to BYN
Amount
17:47 today
0.5 ABEL
Br0.05748
1 ABEL
Br0.1150
5 ABEL
Br0.5748
10 ABEL
Br1.15
50 ABEL
Br5.75
100 ABEL
Br11.5
500 ABEL
Br57.48
1000 ABEL
Br114.96
BYN to ABEL
Amount17:47 today
0.5BYN4.35 ABEL
1BYN8.7 ABEL
5BYN43.49 ABEL
10BYN86.98 ABEL
50BYN434.92 ABEL
100BYN869.85 ABEL
500BYN4,349.24 ABEL
1000BYN8,698.48 ABEL
ABEL to BYN Today vs. 24 hours ago
| Amount | 17:47 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ABEL | Br0.05748 | Br0.05926 | -3.01% |
| 1 ABEL | Br0.1150 | Br0.1185 | -3.01% |
| 5 ABEL | Br0.5748 | Br0.5926 | -3.01% |
| 10 ABEL | Br1.15 | Br1.19 | -3.01% |
| 50 ABEL | Br5.75 | Br5.93 | -3.01% |
| 100 ABEL | Br11.5 | Br11.85 | -3.01% |
| 500 ABEL | Br57.48 | Br59.26 | -3.01% |
| 1000 ABEL | Br114.96 | Br118.53 | -3.01% |
ABEL to BYN Today vs. 1 month ago
| Amount | 17:47 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ABEL | Br0.05748 | Br0.1023 | -43.80% |
| 1 ABEL | Br0.1150 | Br0.2046 | -43.80% |
| 5 ABEL | Br0.5748 | Br1.02 | -43.80% |
| 10 ABEL | Br1.15 | Br2.05 | -43.80% |
| 50 ABEL | Br5.75 | Br10.23 | -43.80% |
| 100 ABEL | Br11.5 | Br20.46 | -43.80% |
| 500 ABEL | Br57.48 | Br102.31 | -43.80% |
| 1000 ABEL | Br114.96 | Br204.61 | -43.80% |
ABEL to BYN Today vs. 1 year ago
| Amount | 17:47 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ABEL | Br0.05748 | Br1.04 | -94.47% |
| 1 ABEL | Br0.1150 | Br2.08 | -94.47% |
| 5 ABEL | Br0.5748 | Br10.4 | -94.47% |
| 10 ABEL | Br1.15 | Br20.8 | -94.47% |
| 50 ABEL | Br5.75 | Br104.01 | -94.47% |
| 100 ABEL | Br11.5 | Br208.03 | -94.47% |
| 500 ABEL | Br57.48 | Br1,040.13 | -94.47% |
| 1000 ABEL | Br114.96 | Br2,080.26 | -94.47% |
How to convert ABEL to BYN
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert ABEL to BYN
Use a variety of payment options to buy Abelian on Bitget. We'll show you how.
Buy ABEL (or USDT) for BYN (Belarusian Ruble) offers
Bitget P2P trading does not currently support direct buying of ABEL with BYN. However, you can buy USDT in Bitget P2P trading first, and then buy ABEL with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell ABEL (or USDT) for BYN (Belarusian Ruble) offers
Bitget P2P trading currently does not support direct selling of ABEL to BYN. However, you can first exchange ABEL for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of ABEL to BYN?
There are many factors that affect the relationship between Abelian and Belarusian Ruble, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of ABEL/BYN. When there is positive news in the market about the widespread adoption of ABEL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ABEL/BYN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ABEL/BYN.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of ABEL/BYN. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Abelian and adjust their investment strategies accordingly in the evolving market.
Abelian price prediction
What will the price of ABEL be in 2026?
Based on ABEL's historical price performance prediction model, the price of ABEL is projected to reach $0.03716 in 2026.
What will the price of ABEL be in 2031?
In 2031, the ABEL price is expected to change by +2.00%. By the end of 2031, the ABEL price is projected to reach $0.06129, with a cumulative ROI of +67.82%.
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Popular Abelian Converter
Check out these popular currency conversions of Abelian to several fiat currencies.
ABEL to TWD
1 ABEL to NT$ 1.16 TWD
ABEL to CNY
1 ABEL to ¥ 0.2545 CNY
ABEL to USD
1 ABEL to $ 0.03513 USD
ABEL to AUD
1 ABEL to $ 0.05585 AUD
ABEL to EUR
1 ABEL to € 0.03231 EUR
ABEL to CAD
1 ABEL to $ 0.05067 CAD
ABEL to KRW
1 ABEL to ₩ 51.08 KRW
ABEL to JPY
1 ABEL to ¥ 5.19 JPY
ABEL to GBP
1 ABEL to £ 0.02713 GBP
ABEL to BYN
1 ABEL to Br 0.1150 BYN
ABEL to BRL
1 ABEL to R$ 0.2039 BRL
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Abelian and BYN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Abelian and BYN. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Abelian in BYN, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
