MITH to BYN Converter and calculator


Conversion rates
Convert MITH to BYN
Convert BYN to MITH
MITH to BYN chart
MITH to BYN conversion data: Volatility and price changes of Mithril in BYN
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0006424 BYN | 0.0007367 BYN | 0.0007519 BYN | 0.0009077 BYN |
Low | 0.0005842 BYN | 0.0005267 BYN | 0.0004653 BYN | 0.0004403 BYN |
Average | 0 BYN | 0 BYN | 0 BYN | 0 BYN |
Volatility | % | % | % | % |
Change | -6.31% | +3.74% | +8.56% | +0.80% |
Mithril information
MITH to BYN market statistics
Current MITH to BYN exchange rate
Mithril to Belarusian Ruble is rising this week.More info about Mithril 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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MITH to BYN Conversion tables
Amount | 23:58 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MITH | Br0.0002954 | Br0.0003153 | -6.31% |
1 MITH | Br0.0005907 | Br0.0006305 | -6.31% |
5 MITH | Br0.002954 | Br0.003153 | -6.31% |
10 MITH | Br0.005907 | Br0.006305 | -6.31% |
50 MITH | Br0.02954 | Br0.03153 | -6.31% |
100 MITH | Br0.05907 | Br0.06305 | -6.31% |
500 MITH | Br0.2954 | Br0.3153 | -6.31% |
1000 MITH | Br0.5907 | Br0.6305 | -6.31% |
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