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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.
THE to MKD conversion rate trend
THE to MKD market statistics
More info about THENA on Bitget
Current THE to MKD exchange rate
THENA to Belarusian Ruble is rising this week.THE to MKD Conversion tables
The exchange rate of THENA is decreasing.THE to MKD
MKD to THE
THE to MKD Today vs. 24 hours ago
Amount | 13:25 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 THE | ден6.85 | ден6.6 | +3.81% |
1 THE | ден13.69 | ден13.19 | +3.81% |
5 THE | ден68.47 | ден65.95 | +3.81% |
10 THE | ден136.93 | ден131.91 | +3.81% |
50 THE | ден684.65 | ден659.54 | +3.81% |
100 THE | ден1,369.3 | ден1,319.09 | +3.81% |
500 THE | ден6,846.51 | ден6,595.43 | +3.81% |
1000 THE | ден13,693.02 | ден13,190.85 | +3.81% |
THE to MKD Today vs. 1 month ago
Amount | 13:25 today | 1 month ago | 1M change |
---|---|---|---|
0.5 THE | ден6.85 | ден9.44 | -27.48% |
1 THE | ден13.69 | ден18.88 | -27.48% |
5 THE | ден68.47 | ден94.41 | -27.48% |
10 THE | ден136.93 | ден188.82 | -27.48% |
50 THE | ден684.65 | ден944.08 | -27.48% |
100 THE | ден1,369.3 | ден1,888.17 | -27.48% |
500 THE | ден6,846.51 | ден9,440.85 | -27.48% |
1000 THE | ден13,693.02 | ден18,881.7 | -27.48% |
THE to MKD Today vs. 1 year ago
Amount | 13:25 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 THE | ден6.85 | ден10.29 | -33.49% |
1 THE | ден13.69 | ден20.59 | -33.49% |
5 THE | ден68.47 | ден102.94 | -33.49% |
10 THE | ден136.93 | ден205.87 | -33.49% |
50 THE | ден684.65 | ден1,029.36 | -33.49% |
100 THE | ден1,369.3 | ден2,058.71 | -33.49% |
500 THE | ден6,846.51 | ден10,293.56 | -33.49% |
1000 THE | ден13,693.02 | ден20,587.13 | -33.49% |
How to convert THE to MKD



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