Belarusian money bunnies. Educational program: what money is in Belarus? Where in Belarus you can get cash
Other currencies of Belarus: Belarusian ruble (BYR)
In the Republic of Belarus, the official Belarusian currency is now presented in the form of a monetary unit called the Belarusian ruble. One Belarusian ruble is divided into 100 kopecks, but coins and banknotes in kopecks are not issued. In circulation, banknotes are in denominations of 10, 20, 50, 100, 500, 1000, 5000, 10000, 20,000, 50,000 and 100,000 rubles. The people often refer to the Belarusian ruble as a bunny, since this animal was depicted on a 1 ruble banknote (sample of 1992). After the beginning of the collapse of the all-Union monetary system at the beginning of 1992, a coupon system was introduced in the country, after which - the bank notes of the National Bank. In 1993, the withdrawal of Soviet rubles began, which became the starting point for the national currency of Belarus. Since the beginning of the XXI century, the question of creating a single currency with Russia, on the basis of an agreement on a union state, has been raised. But due to disputes over the location of the emission center and the unpreparedness of the economies of both countries, it was decided to postpone the issue. Since the beginning of 2009, the National Bank of the Republic of Belarus has established fixed exchange rates, which led to the denomination of the Belarusian ruble by 20%. A peculiar case of bilingualism is a banknote of 500 Belarusian rubles, dated 1992. The inscriptions on the banknote are made in Belarusian. The obverse of the banknote depicts Victory Square in Minsk together with the first two words in Russian "The feat of the people is immortal", laid out on one of the semicircular buildings encircling the square and being one of the sights of Minsk. "Grodno Fair", which reported this fact in one of the July issues of 1994, noted that thanks to this bilingualism, the banknote is quickly turning into a valuable exhibit of bonistic collections. Banks are open from Monday to Friday from 09: 00-09: 30 to 17: 00-17: 30. Belarusian currency can be exchanged at banks and exchange offices, and all exchange operations must be accompanied by a special form confirming the legality of the exchange. Currency exchange on the street or at private money changers, although the exchange rate of the Belarusian ruble here may be more profitable, is fraught with certain difficulties. Traveller's checks can be cashed at the offices of major banks. The use of non-cash means of payment outside the capital and other large cities is difficult.
What is the currency in Belarus? Just like us, Russians, Belarusians have their own ruble, which is also a "bunny". it most interesting currency... It was created in the conditions of a difficult transitional period for Belarus after the collapse of the USSR, but nevertheless it took place as a full-fledged banknote recognized by all countries of the world.
Belarusian ruble: interesting facts
What is the name of the currency in Belarus? Definitely the ruble. But in the early 90s, when the independent Republic of Belarus was working on the creation of banknotes, there was an idea to call the national banknote "thaler". This is how some types of coins were called in Germany in the Middle Ages, and this word became widespread in Europe. Thaler became the prototype of the dollar, as well as a number of other currencies at different times.
However, this initiative was not accepted by the Presidium of the Supreme Soviet of Belarus - the majority of votes were against. Another fact: Belarusians sometimes call their currency "bunnies". This is because a hare was depicted on the 1 ruble bills issued in 1992. People very quickly got used to calling the new currency after this fluffy animal.
Belarusian ruble: history
After the collapse of the USSR, all the former republics began to publish their own. About what currency in Belarus should appear as an alternative to the Soviet ruble, the local government began to think in 1992. First, so-called coupons were introduced. In May 1992, the National Bank of the country introduced "settlement notes", which began to be used simultaneously with the ruble (still of the Soviet model). When buying something in a store, you had to pay with both types of settlement funds. In July 1992, national truths appeared, in non-cash form: they lay in the Central Bank of Russia on a special background. Against the background of the withdrawal of the former Soviet republics from the ruble zone in 1992, Belarus banned payments with banknotes of Russian origin and Soviet times and secured "tickets" as the only legitimate means payment for goods and services.
In 1993, rubles were withdrawn from circulation. In 1994, the National Bank of the country announced the decree “On the means of payment of the Republic of Belarus”. According to this document, the country appeared new currency - Belarusian ruble. Settlement tickets were exchanged for it in a ratio of 1 to 10. In the same year, the ruble was denominated so that the value of these two means of payment would equalize. National began to trade on stock exchanges. Foreigners from that moment, in turn, now had to keep in mind what currency to take to Belarus.
Inflation in the 90s
Before deciding what currency in Belarus would be capable of performing the function of a full-fledged means of payment, the country's bankers worked in difficult economic conditions. When it was finally approved, the young state felt the realities of the post-Soviet collapse in full. In the 90s, due to inflationary processes, a new type of currency of the Republic of Belarus was constantly growing in denomination and at the same time becoming cheaper in relation to the main world banknotes. For example, at the beginning of 1994 the dollar was worth 3800 "birds with one stone", and in December - already more than 10,000. In 1995 the ruble continued to fall in price, but more slowly - in March, the American banknote was worth about 12,000 Belarusian units. Moreover, until the spring of 1996, exchange rate fluctuations were quite insignificant. True, as some note, this was due to the large IMF loan - about $ 300 million. However, in mid-1996, the Belarusian ruble began to lose value again. By December, the exchange rate had settled at 1 to 15,000. And this, as experts noted, is just a nominal figure. The real market ratio required about 26,000 Belarusian banknotes per US dollar.
By December 1998, the exchange rate reached the level of 1 to 320,000. In 2000, the Belarusian ruble underwent a denomination - banknotes in denominations from 1 to 5,000 national banknotes were introduced. Belarusians, especially entrepreneurs, sometimes used American monetary units in their calculations. The inhabitants of the country, as some experts note, did not themselves know what kind of money is considered national in Belarus - dollars or "hares".
2000s: relative stability?
In the year of the denomination, the Belarusian ruble continued to fall sharply - by December, the exchange rate against the dollar was 1 to 1180. But in the next few years, a relative smoothness in the adjustment of the "bunny" value began. From 2001 to 2008, the exchange rate of the Belarusian ruble rose to 2,100-2,200 units per dollar.
The first surge in devaluation in a long time occurred in early 2009, when the Belarusian banknote fell to 2650 per 1 unit of the US currency. By the middle of the year the figure increased to 4930. Two courses appeared in practice - the official and the "underground". By October, 8680 Belarusian rubles had to be paid for 1 US dollar. Since then and until now, however, the exchange rate of Belarus has not changed very much. Now for 1 dollar you need to pay about 10 thousand Belarusian rubles.
What determines the rate of the Belarusian ruble
Many factors influence the rate of the national currency of Belarus. Now, as many countries recognize, it is going through difficult times. Belarus needs to be paid external debts, diversify exports. If the solution to these issues is unsuccessful, then national currency countries, analysts believe, will fall in price. Experts believe that Russia plays an important role here. At the end of last year, the highest level managed to agree that the Russian Federation would give Belarus a 10-year loan in the amount of 450 million dollars. Also, state banks of Russia can provide a neighboring country additional loans... At the very end of 2013, Belarus received a loan from VTB in the amount of $ 440 million, however, analysts believe that this is not enough, taking into account payments on the state debt in the amount of 3.6 billion. american currency in 2014. What is the way out for Belarus? The first, experts say, is sale state enterprises, privatization. The second is to negotiate with other countries (first of all, with Russia) on further work with the public debt. The rate of the national currency symbol will largely depend on how the government of Belarus will conduct business in each of these areas. What is the currency in Belarus - stable, promising, or crisis-prone? The question is quite complex, and not all experts can answer it unequivocally.
Rubles and altyns
The currency of Belarus, like its Russian counterpart, is one of the leading means of payment in the Customs Union - an interstate economic union of Russia, Belarus and Kazakhstan. Recently, the media reported that a new monetary unit, altyn, will soon appear along with the banknotes of the three countries. According to this information, the currency can be put into circulation by 2025 (and some media have forecasts about 2019).
There are experts who say that there is already an interstate, albeit unofficial, agreement on the circulation of this banknote. The initiative of the governments of the three countries is associated, according to analysts, with the complication of the international political situation, as well as with the fact that the integration of economies may require the introduction of universal means of payment.
You can view the Russian ruble exchange rate on the current page of our website. It is very important for Belarusians to know the ruble exchange rate, because the Russian Federation is the largest foreign trade partner of the Republic of Belarus. Consequently, if the Russian ruble weakened too much against the Belarusian ruble, then the products of Belarusian exporting enterprises become uncompetitive in the market. Russian Federation... In addition, many residents of Belarus work in Russia and, accordingly, receive wages in Russian rubles. All this leads to the fact that almost all citizens of Belarus, both officials, businessmen and ordinary people, need to know how much the Russian ruble costs.
Belarusians are interested not only in the rate of the Russian ruble for today, but also in the rate of the Russian currency for a certain period of time, in order to make their forecast for tomorrow or for a longer time. The entire dynamics of the change in the exchange rate of the Russian ruble to the Belarusian ruble is presented online on the current page of our website.
It is necessary to monitor not only the exchange rate of the Russian ruble set by the National Bank of the Republic of Belarus, but also those rates that are set by the Belarusian commercial banks, because, currently recommended by the National Bank of Belarus, the difference between them can be up to two percent.
Dynamics of the Russian ruble exchange rate in Belarusian banks
The dynamics of the ruble exchange rate in Belarus shows that the value of the Russian ruble in relation to the Belarusian ruble can fluctuate within very significant limits. To such dynamics exchange rate are influenced by many different factors, which include: fluctuations in world prices for hydrocarbons (the main export product of Russia), the ratio of the Russian ruble to major world currencies (dollar, euro), geopolitical relations of Russia with the United States and the countries of the European Union (introduction economic sanctions after the annexation of Crimea to the Russian Federation and the beginning of the crisis in Donbass), the policy of the National Bank of the Republic of Belarus to contain the exchange rate of the Belarusian ruble by foreign exchange intervention on the .
The Russian ruble is established as the official currency in the Russian Federation. Moreover, this monetary unit used as an official means of payment in South Ossetia and Abkhazia.
On the lands of the future Russian Federation, the ruble began to be used as a means of payment in the 13th century. The word "ruble" itself, according to one version, came from the verb "cut". According to another version, this name is explained by the peculiarities of the old technology of making the coin. Initially, the ruble was made in the form of coins with different contents precious metals... In the second half of the 18th century, paper money began to be printed.
The Russian ruble in its present form began its circulation in 1993, replacing the Soviet ruble.
Each state differs from others not only by the characteristics of the population, linguistic framework and cultural traditions. The fundamental difference lies in the currency. Everyone has heard of such world money as the dollar, euro, yuan. The world is popular and russian rubles... Special attention should be paid to the Belarusian currency, called belarusian rubles... What is money in Belarus, what role it plays in the world economy, in which units it is presented, we will consider in this article.
Currency of Belarus: before and after denomination
Earlier in Belarus, the minimum bill was 100 rubles, and after the denomination, from July 1, 2016 - 1 kopeck. That is, the denomination reduced the currency by 10,000 times. Coins appeared in the everyday life of Belarusian citizens. There were changes with the ruble, which affected many areas. Consider the major changes and decisions that were made to address.
Few facts
Belarusian "bunnies"
Currency units were created a long time ago, in conditions when the country experienced the most difficult times economic development... Despite the difficulties that happened to the currency on the way, it could still take place as an independent unit of money, which became recognized by other states.
Belarusian "bunnies"
Belarusian "bunnies"
If you go into the details of the brief history of the currency, you will notice that the republic was working on the creation of banknotes, and at that time the idea arose to call the ruble "thaler". The fact is that this is the name given to medieval coins in Germany. Many voices disagreed with the introduction of such a name. The second fact is that many citizens of the country are used to calling their own currency "Bunnies".
History
Early 90s
After the USSR collapsed, countries began issuing their own money. In 1992 coupons appeared, and then, in May of the same year, the country's bank introduced settlement tickets, which began to be used along with the ruble, which had the appearance of the Soviet model. If a person made a purchase in a store, they were allowed to settlement transactions two types of funds.
Nobody could see the new money in cash, as it was in electronic accounts. Against the background of the fact that Belarus, like other countries, withdrew from the USSR, the government of the state banned settlements using Russian rubles, so tickets became fixed and began to act as a means of payment.
1993 year - at this time the funds were withdrawn from circulation. The National Bank of the country announced a decree that Belarus has its own means of payment. On the basis of the submitted documentation, a new currency appeared in the country, which received the name of the ruble.
The national signs of the country began to participate in operations on the stock exchanges, so foreigners arriving in the country on an excursion already began to possess information about what currency should be taken with them to the country when going to travel around it. Considering the question of what currency is in Belarus, it is necessary to study the history of its development in more detail.
Inflation in the late 90s and the state of the currency
Before the decision was made on a single currency as the only means of payment, bankers had to carry out their work in rather difficult conditions. After receiving the approval, citizens were able to fully experience the realities of the 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, it cost 10,000 hares.
In 1995 the currency continued to fall, and the American sign had a value of 12,000 Belarusian rubles. Until spring 1996 there were fluctuations, but they were insignificant. According to certain analysts, this decision is due to the fact that there is a large size of the IMF loan. In 1996 the situation continued, and the currency was still losing its value, by December the rate began to be 1 to 15,000 rubles. Considering market relationthen it was large in value.
By the time of December 1998 year the exchange rate reached a critical value and began to be 1 to 320,000 rubles. He endured the denomination, and new banknotes were introduced into use. At this time, Belarusian businessmen began to use American rather than Belarusian currency units in their calculations. According to some experts, the inhabitants of the country themselves had no idea what money to use.
In the year when the denomination was carried out, the ruble continued its rapid decline against the dollar and amounted to 1 to 1180. If it was necessary to transfer belorussian rubles in Russian rubles, it was also problematic to do this.
Modern history
New Belarusian ruble
Another surge in devaluation in the country occurred in 2009when the sign began to fall in price to 2650 rubles. for a unit. The figure began to increase at a very fast pace, and by the middle of the year the size reached 4930.
New Belarusian ruble
In practice, two courses began to form - official and unofficial. In October, the official value of the dollar was more than 8,000 rubles. Currently - in 2016, the average ruble exchange rate in Russia is 1.91 rubles. per dollar, but this is taking into account the denomination of 10,000 times. That is, for old money, the cost of one dollar for local currency will be 19,100 rubles.
If we convert Belarusian rubles into Russian rubles, then one Belarusian could be bought for 300 Russians on average before the denomination, and from July 1, 2016 average cost one Russian ruble is 0.03 Belarusian.
New Belarusian ruble
New Belarusian ruble
What determines the indicator
The rate indicator is influenced by numerous factors. We examined the name of money in Belarus, it remains only to consider the factors that influence their change.
The country's economy is currently experiencing crisis times. The country needs to pay off the amount of external debts and resolve other issues. The gradual displacement from the use of small denominations suggests that the currency continues to fall in price. From a political point of view, an important role in the development of the country should be given to Russia, which provides loans to the country.
What is the way out
- Realization of state-level enterprises to private individuals.
- Agreement with Russia on debt restructuring.
The country's currency continues to be in an unstable position. The transfer of money from Russian to Belarusian rubles, as well as to dollars and euros, has changed. But if you try to get credit funds, you can achieve good results.
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 operations with the Belarusian ruble.
There are banknotes in circulation in denominations of 50, 100, 500, 1000, 5000, 10,000, 20,000, 50,000, 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 bel. rub. (32 rubles)
A short taxi ride from 30,000 bel. rub (100 rubles)
1 liter of drinking water from 3 500 BYN rub (17 rubles)
Lunch in a cafe from 100,000 BYN rub. (350 rubles)
Bun from 20,000 BYN 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 Belarus. You can exchange currency in Belarus at bank branches or at 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 unofficially circulating in Belarus.
Banks operating hours 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 economic instability 2011, a "black market" of currency exchange appeared in Belarus, where many tourists prefer to exchange money for more favorable rate. Exchange rate on the “black market” it is 20-30% more profitable, 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 work with foreign currency... It is difficult to pay with cards outside of large cities.
The most common payment systems in Belarus are Visaand MasterCard.
Traveler's checks in Belarus are accepted in 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 in kiosks with the press.
Subway travel is paid with tokens and cards purchased at the box office. To pay for calls from payphones, you should purchase telephone cards, you can buy them at kiosks with a seal.
Product taxes in Belarus
Since 2013, the Tax-Free system has been operating in Belarus. Residents of the countries of the Customs Union (Russia and Kazakhstan) will not be able to use the Belarusian Tax-Free system.
For tourists from other countries minimum amount purchases for Tax-Free - 800,000 Bel. 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 of 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, bargaining is not accepted in them. Most often traded on Belarusian markets, but this does not always lead to the desired discount.
In the restaurant
Tipping in Belarus is usually 10% of the bill. IN large cities In Belarus, the tip of 5-15% is already included in the total bill.
In a taxi, it is usually customary to round up the amount, but before the trip, be sure to negotiate the cost.
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