CYT to BYN Converter and calculator


Conversion rates
Convert CYT to BYN
Convert BYN to CYT
CYT to BYN chart
CYT to BYN conversion data: Volatility and price changes of Coinary Token in BYN
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.002103 BYN | 0.002144 BYN | 0.002267 BYN | 0.002792 BYN |
Low | 0.002087 BYN | 0.002056 BYN | 0.001848 BYN | 0.001848 BYN |
Average | 0 BYN | 0 BYN | 0 BYN | 0 BYN |
Volatility | % | % | % | % |
Change | -0.16% | +1.97% | -7.49% | -18.54% |
Coinary Token information
CYT to BYN market statistics
Current CYT to BYN exchange rate
Coinary Token to Belarusian Ruble is rising this week.More info about Coinary Token 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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CYT to BYN Conversion tables
Amount | 22:13 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CYT | Br0.001051 | Br0.001052 | -0.16% |
1 CYT | Br0.002101 | Br0.002104 | -0.16% |
5 CYT | Br0.01051 | Br0.01052 | -0.16% |
10 CYT | Br0.02101 | Br0.02104 | -0.16% |
50 CYT | Br0.1051 | Br0.1052 | -0.16% |
100 CYT | Br0.2101 | Br0.2104 | -0.16% |
500 CYT | Br1.05 | Br1.05 | -0.16% |
1000 CYT | Br2.1 | Br2.1 | -0.16% |
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