MIC to BYN Converter and calculator


Conversion rates
Convert MIC to BYN
Convert BYN to MIC
MIC to BYN chart
MIC to BYN conversion data: Volatility and price changes of Magic Internet Cash in BYN
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0005183 BYN | 0.0005183 BYN | 0.0005183 BYN | 0.0008234 BYN |
Low | 0.0003029 BYN | 0.0002592 BYN | 0.0002174 BYN | 0.0002174 BYN |
Average | 0 BYN | 0 BYN | 0 BYN | 0 BYN |
Volatility | % | % | % | % |
Change | +30.92% | +15.63% | +20.46% | -37.73% |
Magic Internet Cash information
MIC to BYN market statistics
Current MIC to BYN exchange rate
Magic Internet Cash to Belarusian Ruble is rising this week.More info about Magic Internet Cash 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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MIC to BYN Conversion tables
Amount | 21:21 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MIC | Br0.0001920 | Br0.0001452 | +30.92% |
1 MIC | Br0.0003840 | Br0.0002904 | +30.92% |
5 MIC | Br0.001920 | Br0.001452 | +30.92% |
10 MIC | Br0.003840 | Br0.002904 | +30.92% |
50 MIC | Br0.01920 | Br0.01452 | +30.92% |
100 MIC | Br0.03840 | Br0.02904 | +30.92% |
500 MIC | Br0.1920 | Br0.1452 | +30.92% |
1000 MIC | Br0.3840 | Br0.2904 | +30.92% |
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