Belarus currency. What kind of money is there in Belarus? The attitude of other countries towards the Belarusian ruble

The national currency of Belarus is the Belarusian ruble (Br). The international designation of the Belarusian ruble is BYR. The National Bank of the Republic of Belarus regulates transactions with the Belarusian ruble.

There are banknotes in circulation in denominations of 50, 100, 500, 1000, 5000, 10000, 20000, 50000, 100,000 and 200,000 rubles.

1 Belarusian ruble consists of 100 kopecks, but metal money is not used in Belarus. There are commemorative coins dedicated to various dates and events, but you cannot pay with them.

Approximate prices

A liter of gasoline from 9,000 BYN. rub. (32 rubles)

Short taxi ride from 30,000 BYN. rub (100 rubles)

1 liter of drinking water from 3,500 bel. rub (17 rubles)

Lunch in a cafe from 100,000 BYN. rub. (350 rubles)

Bun from 20,000 bel. rub. (70 rubles)

Hotel room from 400,000 BYN. rub. per day (1500 rubles)

Currency exchange in Belarus

The Belarusian ruble is a non-convertible currency. This means that it is impossible to purchase Belarusian rubles outside of Belarus. You can exchange currency in Belarus at bank branches or exchange offices.

You can find exchange offices in:

  • Large shopping centers
  • Hotels
  • Airports
  • Railway stations
  • Bus stations
  • On the central streets

Currency exchange in Belarus will not cause problems for most tourists. To exchange large amounts, it is advisable to have a passport with you.

Russian rubles, dollars and euros are used unofficially in Belarus.

Working hours of banks in Belarus: 09:00-17:00, Saturday and Sunday - closed

Important! You must keep all receipts and papers received at exchange offices; you will need them when leaving Belarus.

After the economic instability of 2011, a “black market” for currency exchange appeared in Belarus, where many tourists prefer to exchange money at a more favorable rate. The exchange rate on the “black market” is 20-30% more favorable, but such transactions with money are prohibited by law. If caught, the tourist faces an administrative fine.

Credit cards in Belarus

Bank cards in Belarus are accepted for payment in large shopping centers, hotels and supermarkets, but not all street ATMs support working with foreign currency. Outside of large cities, paying with cards is difficult.

The most common payment systems in Belarus are Visa And MasterCard.

Traveler's checks in Belarus are accepted at most banks and exchange offices.

Payment tokens in Belarus

Due to the fact that there are no coins in Belarus, payment tokens and cards are used instead.

To pay for vending machines, you need to purchase tokens sold at news kiosks.

Subway travel is paid for with tokens and cards purchased at the ticket office. To pay for calls from payphones, you should purchase telephone cards; you can buy them at printed kiosks.

Taxes on goods in Belarus

Since 2013, the Tax-Free system has been operating in Belarus. Residents of the Customs Union countries (Russia and Kazakhstan) will not be able to use the Belarusian Tax-Free system.

For tourists from other countries, the minimum purchase amount for Tax-Free is 800,000 BYN. rub. (about 3000 rubles or 100 $).

Banks of Belarus

Banks in Belarus are mainly private enterprises. Some of the Belarusian banks are controlled by the state.

In all banks in Belarus, tourists will be able to change currency or make money transfers. In addition to Belarusian banks, there are branches of Russian and Kazakh banks in the country.

Shopping in Belarus

Prices in large stores and supermarkets in Belarus are fixed, and bargaining is not accepted. They are most often traded on Belarusian markets, but this does not always lead to the desired discount.

At the restaurant

Tipping in Belarus is usually 10% of the bill. In large cities of Belarus, a tip of 5-15% is already included in the total bill.

In a taxi, it is usually customary to round up the amount, but be sure to negotiate the cost before the trip.

The official currency of the Republic of Belarus is the Belarusian ruble. The monetary unit has firmly established itself in the country, and has also gained recognition in post-Soviet states and Europe. In the international banking system, the currency of Belarus received the code BYR.

It didn't take long before the currency of Belarus was officially approved. After the disappearance of the USSR from the political map in 1991, Soviet rubles were used in trade turnover. A year later, a decree was issued on what kind of currency Belarus should have.

Within two years, the transition to an official currency was carried out. As a result, banknotes were issued, on the obverse of which there appeared images of animals characteristic of Belarus: on the 1-ruble note - a hare, on the 50-ruble note - a squirrel, etc.

In 2000, the state was forced to carry out a denomination in the ratio of 1 to 1000. This is how the modern currency of Belarus appeared, which, according to forecasts, will be used until 2016.

Belarusian banknotes

Gradually, small banknotes in denominations of 1, 10, and 20 rubles were removed from trade. In 2015, 50-ruble bills were finally withdrawn from use. As a result, today Belarusians carry paper money in their wallets worth 100, 1000, 5000, 10000, 20000, 50000, 100000, 200000 rubles.

The country values ​​its culture and traditions, so the currency of Belarus on the obverse and reverse shows architectural treasures, as well as paintings, monuments and sculptures:

  • 100 ruble banknote – National Academic Bolshoi Opera and Ballet Theater, as well as one of the scenes from the ballet “The Chosen One”;
  • 500 rubles – the Palace of Culture of Trade Unions and sculptures on the cornice of this building;
  • 1000 rubles – National Art Museum and the painting “Flowers and Fruits” by Ivan Khrutsky;
  • 5000 rubles – Minsk Sports Palace, as well as the Raubichi sports complex;
  • 10 thousand – Vitebsk summer amphitheater;
  • 20 thousand - the Rumyantsev-Paskevich palace in Gomel;
  • 50 thousand – Mir Castle and its architecture;
  • 100 thousand – Nesvizh Castle;
  • 200 thousand – Art Museum in Mogilev.

Each banknote carries a piece of history and invites us to visit the most significant places in Belarus.

The attitude of other countries towards the Belarusian ruble

Almost all countries of the CIS and the former USSR know what the currency is in Belarus. In parallel with the formation of new trade relations, the Belarusian ruble is spreading in European countries. In some countries you can even exchange national currency.

Strong commodity-money relations are established with Russia. Back in 1999, a decree was issued by which the leaders of both states decided to issue a common currency. However, due to a wave of economic crises, the plan lay on the shelf for a long time. Already in 2016-2017, another currency denomination will be carried out, which will bring the value of the Belarusian ruble closer to the Russian unit.

Denomination of the currency of Belarus

By the end of 2016 - beginning of 2017, the banknotes will be replaced. The denomination is carried out in a ratio of 10,000 to 1, i.e. 4 zeros will be removed from the value of the bill. Banknotes worth less than 5,000 rubles will be replaced by coins. For example, a 100-ruble bill is equivalent to 1 kopeck.

The denomination of the national currency is carried out in order to simplify payments and improve the monetary circulation system in the country.

During 2016, any product will be offered a price in the old and new currencies. This is done to simplify the transition between monetary units, because not every Belarusian will be able to immediately manage kopecks and new banknotes.

Currency exchange in Belarus

To exchange money in Belarus, just contact any of the banks or exchange offices. The exchange rate is set in the morning, but during periods of unstable economic conditions it may change during the day.

Belarusian banks are open from 9:00-9:30 to 17:00-17:30 on weekdays. Among them: BelWeb, National Bank of Belarus, BPS-Sberbank, Belagroprombank, Technobank, Moscow-Minsk Bank, Belinvestbank, Paritetbank and others. In any of these institutions you can find out the real exchange rate and exchange money.

Depending on the situation in Russia, the currency of Belarus against the ruble is constantly changing. Both currencies are strongly related due to close trade relations between both states.

You should not change currency from private entrepreneurs or on the street, otherwise a number of difficulties may arise, especially for tourists. It is best for foreign visitors to keep the receipt of their money exchanges until they return home. The legality of the exchange is a guarantee of stay in the country.

Interesting facts about the Belarusian currency

  1. Sometimes Belarusian rubles are affectionately called “bunnies,” because the first national 1-ruble banknotes featured a hare.
  2. Belarus has so far remained one of the few countries where the total amount of capital can reach millions or even billions. In such units, salaries are paid and expensive purchases are made. Therefore, Belarusians are often called “millionaires”. However, after the 2016 redenomination, kopecks will appear in Belarus, and the most expensive banknote will cost 500 rubles.

When planning a trip to Belarus, it will be useful to familiarize yourself with the features of the country’s payment system. But this article contains valuable information on this topic not only for guests of the Republic, but also for its residents.

A little history

The Belarusian ruble is a relatively young national currency in Belarus. The monetary unit began its history of formation in the first half of the 90s, when the Soviet Union collapsed, Belarus became isolated, and the country began to need its own money. Since 1992, coupons have been in circulation, but non-cash payment transactions were already carried out in Belarusian rubles. In 1993, there were payment cards, and starting from the end of July of that year, Soviet rubles began to be withdrawn from monetary circulation.

Since 1994, the Belarusian ruble has rightfully acquired the status of the country’s only currency.

Belarusian banknotes of the 1992 model

Belarusian banknotes of the 1994-1999 model

Belarusian banknotes of the 2000 model

Denominations

The formation of the country's modern money was long and, to some extent, thorny. Already in 1994, the Bank of Belarus carried out the first redenomination of the ruble by 10 times. In 2000, the currency underwent a second transformation into nominal value, but already 1000 times.

On July 1, 2016, the country's economy again required redenomination. The ratio was 1:10,000. Another innovation was that from the same time the minting of state coins began.


The ratio of banknotes after denomination in 2016 (money of the Republic of Belarus of the new sample and outdated)

Commemorative coins

Previously, the Belarusian ruble did not have any units of exchange, however, since 1996, the National Bank of the Republic of Belarus has been issuing commemorative coins, which are legal tender and represent a certain value for collectors. Such coins are minted from gold, silver or copper-nickel alloy on various themes.

Modern money of Belarus

Previously, the lack of coins distinguished Belarus from other countries. But this was done in order to save the state budget.
Currently, modern Belarusian rubles (abbreviated “Br”) are represented by:

  • banknotes in denominations of 5, 10, 20, 50, 100, 200 and 500 rubles;
  • coins in denominations of 1, 2, 5, 10, 20 and 50 kopecks, as well as 1 and 2 rubles.

In this case, 1 ruble is equal to 100 kopecks.
Both coins and paper bills are regulated by the National Bank of the Republic of Belarus.

I am looking for a currency exchange

For both guests and residents of the country, currency exchange is a sensitive and pressing issue. Therefore, we further suggest that you familiarize yourself with the features of the conversion of Belarusian rubles.

Upon arrival

Since the Belarusian currency is not freely convertible, it will not be possible to purchase it before entering the country.

Banks in Belarus easily convert foreign money into national money. You can exchange existing banknotes of other countries for Belarusian rubles at currency exchange offices. Such points are located in bank branches, shopping centers, markets, hotels. You can also convert cash at airports and train stations, but the exchange rate there is very unfavorable, so it’s better not to change money unless absolutely necessary.
It is convenient to quickly analyze exchange rates using special online services that collect up-to-date information from the websites of local banks.

NA note: usually the most favorable currency exchange rates are offered by medium and small banks.

Upon departure

When leaving Belarus, you should take care in advance to transfer money into the currency of the country of arrival. In this case, it is better to be guided by the golden rule: do not put all your eggs in one basket. Namely: take a small part in cash, changing it at the exchanger at the most favorable rate, and transfer the rest to the card. When heading to the countries of the European Union, you should issue a card in euros, to all other countries - in US dollars. In this case, when paying, the conversion will be direct: the local currency will be converted into EUR or USD. But paying with a ruble card abroad is extremely unprofitable due to double conversion: first from the local currency into euros or US dollars, and then into Belarusian rubles.

On the border

When making any payment transactions on the territory of Belarus, it is important not to forget to keep the stamped checks, indicating the transaction. Perhaps they will be checked at customs.

In addition, since 2013, a value added tax (VAT) refund system has been in place for foreign citizens for purchases made on the territory of Belarus when leaving it. This system is called Tax Free, and about 50 countries are connected to it. It should be taken into account that:

  • it does not apply to residents of Belarus, Russia, Kazakhstan, Armenia and Kyrgyzstan;
  • the price of goods must be subject to VAT of 20%;
  • the purchase amount must exceed 80 Belarusian rubles, and it must be made within 1 day in 1 store;
  • refund amount – 12.5% ​​of the purchase amount without commissions;
  • when purchasing, you must have a passport and notify the seller of your intention to issue a “VAT refund check” (hereinafter referred to as the “Check”);
  • the receipt must be marked about the removal of the goods, with the original cashier's receipt attached and a copy of the seller's receipt;
  • provide the goods to customs officers strictly within 3 months from the date of purchase;
  • at customs, have unused goods in intact packaging, a passport, a buyer's receipt (with attached receipts);
  • within 6 months after export, you must send the original Receipt to RUE Beltamozhservice, indicating the recipient’s bank card details on the envelope (sending is free);
  • refund of the VAT amount in the recipient’s currency is made within 30 days from the date of receipt of the letter by employees of RUE “Beltamozhservice”;
  • The refund amount can also be paid in cash at a special Tax Freecash Refund point (at the Minsk National Airport).
participating in the Tax Free program:

Bank cards

Among all payment methods in Belarus, the most popular is non-cash payment via bank payment cards.

Of the debit plastic cards in the republic, Visa and MasterCard are most often used; there are also Belcard and Maestro. And of the credit cards (more precisely, installment cards: the annual percentage is 0.000001%) the most popular among the population are Halva (MTBank), Purchase Card (Belgazprombank), Smart Card (Moscow-Minsk Bank), Magnit "(Belarusbank), "Turtle" (VTB Bank).

Traveler's checks

Until 2013, when traveling to Belarus, you could use AmericanExpress traveler's checks, which were the only payment system of this type. Today such a payment system does not function in the country.

Electronic payment systems

Convenient and modern electronic payment systems operate in Belarus. Popular Belarusian EPS:

  • electronic wallets – EasyPay, WebMoney;
  • payment via smartphone – iPay, ;
  • payment systems by bank cards – WebPay, bePaid, Assist Belarus;

Tokens and payment cards

Since coins appeared in circulation not so long ago, tokens and payment cards have remained relevant in the country. Where they can be applied and purchased:

  1. For travel on the subway. Plastic cards and metro tokens are sold at each station.
  2. Operating payphones are installed on city streets, which are activated via smart cards. You can buy them at newsstands or at supermarket checkouts.
  3. Vending machines, of which there are few in the republic, accept special tokens for payment, which are also available in newspaper stalls. By the way, the vast majority of vending machines are equipped with coin and bill acceptors, and national currency is accepted for payment.

A couple of decades ago, to the question “What kind of money is there in Belarus?” there was no clear answer. But now there is an active development of not only the Belarusian currency, but also electronic payment systems.

She left no one indifferent (by the way, if someone offers you to exchange old banknotes for new ones before this date, feel free to call the police - they are scammers!). To this day, our ruble is affectionately called the “bunny”, because it was this animal, often found in Belarusian forests, that was depicted on the first national currency with a face value of 1 ruble. Those rubles have long been in the archives and collections of numismatists... But what will they look like?

The new banknotes are presented by Deputy Chairman of the Board of the National Bank Dmitry Lapko.

Journalists were among the first to see the new money with their own eyes, twirling it in their hands and taking photographs. Yesterday, the National Bank opened the doors of the Central Vault to them, where these bills were stored for 7 years under strict adherence to temperature and humidity conditions. As Deputy Chairman of the Board of the National Bank Dmitry Lapko said, if today’s banknotes are printed in Russia, then our new money was produced by a company from the UK. Coins were minted at the Lithuanian Mint and at the Slovak Kremnica.

Why this design

The design of the new banknotes maintains continuity - images of architectural and urban planning monuments are used. By the way, despite all the similarities between the new Belarusian banknotes and the euro, this is their main difference. There are no architectural monuments on the euro. And the fact that our money is colorful, the dollar is becoming more and more decorated lately.


All denominations of the new Belarusian banknotes differ in size - one is 4 mm larger than the other (135 mm x 72 mm 5-ruble and 159 x 72 mm 500-ruble), and in color - from orange and reddish-brown (5 rubles) to blue-emerald-pink (500 rubles). General principle: as the denomination increases, “the color scheme of banknotes is distributed from warm and simple to more complex and cold,” Svetlana Nekrasova, chief specialist of the National Bank, clarified the color nuances. The front side of the banknotes depicts architectural monuments of Belarus, and the reverse side depicts significant periods of the country's history. From ancient settlements, one of which has survived in the Brest region, to modern times. Such topics, according to the developers, are patriotic and have great educational value, consolidating in the mind specific ideas about the country, its regions, and the cultural wealth of the nation. The correspondence of the areas to the face value is selected alphabetically. The front sides of the banknotes represent an artistic picture of the monument with its elements. For example, the texture of the brick and masonry of the Kamenets Tower is the handwriting left by the artists on the 5-ruble banknote. And on the reverse side, iconic and characteristic artifacts were selected for each area. For example, the Vitebsk region is presented as the birthplace of book printing and enlightenment.

Protection

The design of the new money is a tribute to security and banknote recognition technologies. Our new money became bright, colorful and meaningful not only at the will of artists and historians. As Marina Demina, chief specialist of the main department of cash circulation of the National Bank, noted, money is, first of all, a bank note that has security elements. The banknotes are printed on special paper, which itself is protected from counterfeiting. In addition, there are protective signs visible to the naked eye. This is, say, the presence of a watermark on an unprinted field, which most often corresponds to the subject of the image. All banknotes have a metallized thread with text. When viewed through light, it appears as a solid dark stripe. There are also special designs on the unsealed field. This is part of the fragments on the front side and on the back, which, when exposed to light, are combined into a single whole and correspond to the denomination of the banknote.


A total of 6 visible degrees of protection. Plus there are a lot of invisible elements that are revealed only to banks and specialized specialists.

For the visually impaired

Markers are provided for visually impaired people. They are located in the lower left corner, different in shape and outline, printed using special technology and are clearly distinguishable to the touch. Large denomination numbers in contrast with the main color of the field will also prevent banknotes from being confused.

Why coins

Belarus turned out to be the only European country where there are no coins. It was decided to correct this shortcoming. For several reasons. First. The service life of a coin is 10 - 15 years, small banknotes - 6 - 12 months. And this is the best case scenario, because the banknote can easily be damaged by the inscription. Second. The appearance of coins is a serious bid to reduce inflation. From January to September, in annual terms, price growth decreased from 17.1 to 11.9 percent. In 2016, prices will rise by a maximum of 12 percent, and after 5 years, inflation will be curbed to 5%.

The smallest denomination of the current 100 ruble banknote will correspond to one kopeck. On its obverse, as on all small change coins put into circulation, the state emblem is depicted, and on the reverse there are numbers indicating denominations. Plus, the reverse side of 1, 2 and 5 kopecks is complemented by an ornament symbolizing wealth and prosperity, on 10, 20 and 50 kopecks - a symbol of fertility and vitality, on one- and two-ruble coins - happiness and freedom.

Coins also have protection. Like banknotes, they are of different diameters. 1 kopeck - 15 mm, is a steel alloy coated with copper, color - red. Exactly the same, but larger in diameter, two- and five-kopeck coins. But 10, 20 and 50 kopecks are yellow because they are made of an alloy of steel coated with copper and brass. 1 ruble - white due to copper-nickel coating. The two-ruble coin is two-color, the largest in diameter is 23.5 mm, weighs 5.81 grams, 2 mm in thickness. Made from a double combination of alloys - copper-brass and copper-nickel. In addition, the coins have a special edge (rim) with notches of a certain size. There are also small details of the ornament that are difficult to reproduce in artisanal conditions.

How much does denomination cost?

Deputy Chairman of the Board of the National Bank Dmitry Lapko announced the approximate cost of producing one banknote and coin - from 1 to 4 euro cents. Although it is difficult to talk today about the costs incurred in 2008 - 2009. To replace the 600 million banknotes of the 2000 model, only 80 million copies of new banknotes and 400 million coins will be required. The new banknote row is 7 times smaller. Therefore, according to forecasts, the costs of storage, packaging, transportation, recounting, and delivery of money to the end consumer will be significantly reduced. In addition, the National Bank promises to take a restrained approach to issuing large denomination banknotes into circulation.

How will ATMs work?

From July 1, it will be necessary to reprogram ATMs and install coin acceptors in those devices that do not have them, but should have them. It won't be possible to do it all at the same time. Therefore, at first, ATMs will issue both old and new banknotes. In addition, within six months, any seller will be able to accept new bills from you and give change with old ones.

How to pay

From July 1 to December 31, 2016 inclusive, banknotes of the 2000 model, as well as banknotes and coins of the 2009 model, will be in parallel circulation and are required to be accepted when making all types of payments by all business entities.

Where to change

For the next five years - from January 1, 2017 to December 31, 2021 inclusive - old banknotes will be exchanged for new ones. Until December 31, 2019 inclusive - in the National Bank, banks and non-bank financial institutions, from January 1, 2020 to December 31, 2021 inclusive - in the National Bank. And only from January 1, 2022, the current money will become invalid.

How will ruble deposits and loans be recalculated, what will the balance on the card be on July 1, 2016

This technical issue, they promise at the National Bank, should not bring any inconvenience to the population. On July 1, 2016, the bank card balance will be shown in new money, that is, without four zeros. All deposit and loan amounts will change. If you took out a loan for 10,000,000 rubles, then on July 1 it will turn into 1,000 rubles. If there were 50,000,000 rubles on a ruble deposit, then on July 1 it will be 5,000 rubles. Using a similar principle, when carrying out denomination, salaries, pensions, scholarships, cash balances in bank accounts, and balance sheets of enterprises and institutions will be recalculated.

Will prices rise due to denomination?

Starting from July 1 and until December 31, 2016, during the parallel circulation of old and new banknotes, business entities will be required to indicate two prices - old and new. This was done intentionally to avoid the temptation to round the price up.

Why did you decide to remove exactly four zeros?

A question of saving. The less money in circulation, the lower the costs. The introduction of small change coins will also have a positive impact on cash handling costs.

By the way

According to the resolution of the Board of the National Bank, reproduction of banknotes can be performed under certain conditions: with a one-sided image of the media, the size of the copy must be less than 75% or more than 125% of the actual size of the bill. For double-sided playback - less than 50% or more than 200%. Coins can also be printed for souvenir purposes on any tangible and intangible media, with the exception of metal alloys. From plastic, for example.

In 1995, the currency continued to fall, and the American sign had a value of 12,000 units of the Belarusian ruble. Until the spring of 1996, there were fluctuations, but they were insignificant. According to certain analysts, this decision is due to the large size of the IMF loan. In 1996, the situation continued, and the currency continued to lose its value; by December the rate began to be 1 to 15,000 rubles. If we consider the market relation, it was of great importance. By December 1998, the rate had reached a critical value and began to amount to 1 to 320,000 rubles. It endured denomination, and new banknotes were introduced into use. At this time, Belarusian entrepreneurs began to use American rather than Belarusian currency units in their calculations. According to some experts, the country's residents themselves had no idea what kind of money to use.

The designers competently approached the design of banknotes, decorating them with appropriate images:

  1. Minsk – 500 rub.;
  2. Mogilev – 200 rubles;
  3. Minsk region – 100 rubles;
  4. Grodno – 50 rubles;
  5. Gomel – 20 rubles;
  6. Vitebsk – 10 rubles;
  7. Brest – 5 rub.

Traditionally, cultural as well as historical objects are depicted on the front side.

The coins are reminiscent of the times of the USSR. The 2 ruble differs from other coins because it is made of two different-colored metals.

It is worth noting that the year 2009 is indicated on all banknotes.

Attention: Having looked at what banknotes are in Belarus, we can take a closer look at the main banknotes.
InfoIf before 2016 the maximum banknote was 5 million rubles, now it is 500.

Monetary unit of Belarus

Belarusian ruble

Another interesting concept that never came to fruition was using images of antique household items and jewelry to remind people of their roots.

The most radical of all proposed is the renaming of the currency to the thaler, in the manner of the currency of the Grand Duchy of Lithuania, with the image on the banknotes of people who gave their lives for the sovereignty of the state.

ImportantProtection system Before it was put into circulation, no one could say what the new money would be like in Belarus.

It was known that new security technologies were used in their manufacture, which would make counterfeiting banknotes almost impossible.

What is money called in Belarus?

National signs of the country began to participate in transactions on the stock exchanges, so foreigners arriving in the country on an excursion already began to have information about what currency they should take with them to the country when traveling around it.

When considering the question of what currency is in Belarus, it is necessary to study in more detail the history of its development.
Inflation in the late 90s and the state of the currency Before the decision was made on a single currency acting as the only means of payment, bankers had to carry out their work in rather difficult conditions.
After receiving approval, citizens were able to fully experience the realities of their new life. Inflation was observed, and the growth of the ruble in comparison with other units was negative.

So, in 1994 it cost only 3,800 hares, and in December of the same month, that is, about a year later - 10,000 hares.

What is money called in Belarus?

Things were not going very well in the country: prices at the turn of 1991-1992 increased 16 times! In response to hyperinflation, the National Bank issues two more banknotes in denominations of 200 and 500 rubles.

Figure 7. The first 200- and 500-ruble bills. This time the tickets depicted the architecture of Minsk.

Why did designers abandon the animal world? It's simple: in Belarus, the most powerful animal is the bison, but it has already been placed on the banknote with the largest previously denomination. The fauna was completely exhausted, and therefore the developers took a simple and at the same time proven theme - construction. Unlike the images of statesmen, buildings and monuments did not have a strong political background.
The idea has caught on: from now on, all new banknotes are printed with the architecture of the cities of the Republic of Belarus. Meanwhile, inflation continued to rage. In 1993-1995, prices grew steadily, outpacing the growth of wages and benefits.

Currency of Belarus

In September 2011, the National Bank established a free exchange rate, which is now formed at trading on the Belarusian Currency and Stock Exchange.

From that time on, a new decline in the national currency began: the starting point was the amount of 8,200 per dollar, i.e.

That is, over the past two years the ruble has depreciated by another 30%. The population of Belarus prefers to keep money in foreign currency: dollars and euros. Most citizens automatically recalculate all medium and large purchases to “cu.” – this makes it easier to navigate the cost of goods, compare, sell and buy. Most online stores in the country indicate the price in USD for their assortment. The authorities constantly return to discussing the transfer of the economy to the Russian ruble.

Not long ago, the President of the country announced that a new Belarusian currency had been printed, which may possibly replace the current ruble.

Money in Belarus

Where have the Belarusian “squirrels” and “bunnies” gone? Past and present of the Belarusian currency: its ups and downs.

Currency name: Belarusian ruble, BYR (Br). Country of circulation: In circulation in the Republic of Belarus Convertibility The Belarusian currency is not freely convertible, i.e.

It cannot be purchased in other countries. According to http://infobank.by/ exchange rate as of November 17, 2014:

  • to 1 Russian ruble – 227 BUR;
  • to 1 dollar – 10770 BUR;
  • to 1 euro – 13490 BUR.

Picture 1.

Chart of changes in the exchange rate between the Belarusian ruble and the Russian ruble for the year.

The Belarusian ruble has been an unstable currency from the very beginning.

The financial policy pursued by the state in 1992-1993 did not lead to anything good - artificial price suppression created a shortage of goods and economic stagnation.

A short course of the "bunny": three denominations and five devaluations

Money in Belarus

Money in Belarus - cash, plastic cards, traveler's checks

National currency of Belarus

The Belarusian ruble is the national currency of Belarus, Notis freely convertible, so it cannot be purchased before arriving in the country.

In circulation in Belarus are:

    banknotes in denominations of 5, 10, 20, 50, 100, 200, 500 rubles;

    coins in denominations of 1, 2, 5, 10, 20, 50 kopecks, 1 ruble and 2 rubles.

Before denominations of 2016 V sovereign Belarus There were no coins in wide circulation. However, since 1996 National Bank of the Republic of Belarus issues commemorative coins, which are of interest to collectors and are legal tender. The series are dedicated to various topics, historical events and famous people, made of gold, silver, copper-nickel alloy.

Where can you get cash in Belarus?

In all cities of Belarus there are many currency exchange offices. They are most often located in:

    hotels

    airports

    railway train stations

    bus stations

    on the central streets

You can also exchange money at all bank branches.

Most common currency accepted by banks and exchange offices:

    U.S. dollars

    Euro

    Russian rubles

In Belarus, especially in Minsk, there are many ATMs for cashing out. You can find an ATM near each branch or in the bank itself, as well as in hypermarkets and large retail outlets.

Plastic cards and traveler's checks

Plastic banking cards are widely used in Belarus and are used to pay for goods and services in stores, hotels, restaurants, as well as at ATMs and payment terminals.

The most common international payment systems in Belarus are Visa And MasterCard.

Belarus has also developed a settlement system using electronic money.

Sale and purchase traveler's checks American Express in Belarus discontinued.

Tokens and payment cards

In the underground special plastic cards and tokens are used, which can be purchased at each station.

Payphones They accept smart cards, which can be purchased at newsstands.

Coffee machines accept banknotes.

Vending machines, increasingly common in Belarus, accept tokens that can be purchased at newsstands.

Dynamics of the Belarusian ruble exchange rate

The Belarusian ruble is the national currency of the Republic of Belarus. The official exchange rate of the ruble is set by the National Bank of the Republic of Belarus, which since 2009 has pegged the exchange rate to a currency basket consisting of the US dollar, euro and Russian ruble.

To briefly denote the Belarusian ruble in texts, the symbol is used Br, written before the amount. The letter code of the Belarusian ruble according to the international standard ISO 4217 is BYN.

The Belarusian ruble has been growing for 5 days in a row!

Tomorrow we will publish a new exchange rate for the Belarusian ruble from the Bank of Russia.

Dynamics of the Belarusian ruble to ruble exchange rate over the last week:

Belarusian ruble exchange rate calculator

This online calculator will help you convert the value of Belarusian ruble into rubles and vice versa. Enter the amount you need in the input field:

Belarusian ruble exchange rate chart

Select period:

The graph shows changes in the Belarusian ruble exchange rate for 1 month (from September 20 to October 20, 2018).

Information about the Belarusian ruble

The Belarusian ruble appeared after the abandonment of the Soviet ruble in the early 90s of the 20th century.

During its existence, the ruble has experienced several denominations, the last of which occurred quite recently - in July 2016.

After this denomination, the old ISO code of the ruble BYR changed to BYN(where the letter "N" is the initial letter in the word "new", which means "new")

Until December 31, 2016, in Belarus you can pay with both old and new type money. Even after this moment, old banknotes can be exchanged for new ones without restrictions and commissions, and on January 1, 2022.

What is the name of the currency in Belarus?

old banknotes will become invalid.

History of the Belarusian ruble exchange rate by year

On July 1, 2016, the Belarusian ruble was denominated 10,000 times. The table contains data both before and after the denomination, so statistical calculations on the history of courses may be incorrect!

Maximum exchange rate of the Belarusian ruble for the last 10 years was November 15, 2016 and amounted to 33.6875 rubles. for Br1, the minimum was June 30, 2016 and was equal to 0.0032 rubles. The average exchange rate for this time is 7.3273 rubles, which is 77% less than the current value.

Year Denomination Course at the beginning Course at the end Minimum Maximum
2018 1 28.2996 from 01/10/2018 31.1944 from 10/20/2018 28.2278 from 01/11/2018 33.3087 from 08/24/2018
2017 1 30,5826 29,1013 28,9845 31,2337
2016 1 0,0039 30,9474 0,0032 33,6875
2015 10 000 38,7846 38,9476 34,5067 45,4440
2014 10 000 34,2334 38,7989 32,9712 58,5616
2013 10 000 35,1490 34,3073 34,2374 37,6435
2012 10 000 37,6303 35,3376 35,2230 40,6199
2011 10 000 101,1350 38,5582 34,2284 101,5420
2010 1 000 10,5395 10,1556 9,7091 10,5546
2009 1 000 13,3537 10,6083 10,2926 13,3537

Central Bank exchange rate for today

31.1944 Russian rubles for 1 Belarusian

date Well Δ
20.10.2018 31,1944 +0,0235
19.10.2018 31,1709 +0,0978
18.10.2018 31,0731 +0,0307
17.10.2018 31,0424 +0,0206
16.10.2018 31,0218 +0,0330