BALIN to BYN Converter and calculator


Conversion rates
Convert BALIN to BYN
Convert BYN to BALIN
BALIN to BYN chart
BALIN to BYN conversion data: Volatility and price changes of Balin Bank in BYN
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{4}9200 BYN | 0.{4}9200 BYN | 0.0001239 BYN | 0.0001479 BYN |
Low | 0.{4}9014 BYN | 0.{4}8874 BYN | 0.{4}8549 BYN | 0.{4}8549 BYN |
Average | 0 BYN | 0 BYN | 0 BYN | 0 BYN |
Volatility | % | % | % | % |
Change | -2.02% | +1.59% | -20.65% | -12.58% |
Balin Bank information
BALIN to BYN market statistics
Current BALIN to BYN exchange rate
Balin Bank to Belarusian Ruble is rising this week.More info about Balin Bank on Bitget
Belarusian Ruble 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.
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BALIN to BYN Conversion tables
Amount | 01:56 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BALIN | Br0 | Br0.{6}9274 | -2.02% |
1 BALIN | Br0 | Br0.{5}1855 | -2.02% |
5 BALIN | Br0 | Br0.{5}9274 | -2.02% |
10 BALIN | Br0 | Br0.{4}1855 | -2.02% |
50 BALIN | Br0 | Br0.{4}9274 | -2.02% |
100 BALIN | Br0 | Br0.0001855 | -2.02% |
500 BALIN | Br0 | Br0.0009274 | -2.02% |
1000 BALIN | Br0 | Br0.001855 | -2.02% |
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