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Belarusian Ruble

About The Belarusian Ruble: The Currency of the Belarus

quick facts

Quick Facts About the Belarusian Ruble Notes

Country of Origin

Belarus

Symbol

Br

Currency Code

BYN

Nick Names
Minor units

Copeck

Denominations (Banknotes)

Bills: 10, 20, 50, 100, 200, 500,

Coins: 5 cop, 10 cop, 20 cop, 50 cop, 1 rbls, 2 rbls

Motto

Belarus is my country

Identification Feature

Security Thread

Issuing Bank

National Bank of the Republic of Belarus

In Circulation Since

1992

Belarusian ruble currency* is the official currency of the country of Belarus. An estimated 9 million people (approx.) use this currency. This makes the Belarusian ruble currency the 18th most popular currency in the world. All circulating Belarusian ruble notes have a representation of a national landmark on their front side. The front side of the 20 Belarusian ruble note features the Tower of Kamyenyets, also called the White Tower. The banknote of 500 rubles is the note of the largest denomination. The Belarusian currency is a closed currency system, which means one cannot get it outside the Belarusian ruble country. Forex trading is legal in Belarus. one can buy Belarusian ruble and sell Belarusian ruble through licensed brokers. The Belarusian ruble price for forex trading is available online.

History of the Belarusian Ruble

The country known as Belarus in the present time was once a part of the Soviet Union before the Russian Revolution. During the Russian Revolution, like many other countries within the Soviet Union, the country of Belarus tried to establish itself as an independent nation. After experiencing some initial hurdles and, more importantly, after the Soviet Union's collapse, it was able to establish itself as a sovereign nation. After its inception, however, it found itself in urgent need of banknotes but without the legal power to issue Soviet Union currency. Finally, in 1992, the country of Belarus introduced its own currency, the Belarusian Ruble. The banknotes introduced in 1992 had very few security features. During the early years, Belarus's economy was unstable and the inflation rate was very high. The Belarusian ruble country was forced to introduce notes of high denomination (20,000, 50,000, 100,000) during this period. The banknotes introduced in 1992 were in circulation till 2000. In 2000, the Belarusian government introduced new banknotes which were in circulation till 2016. In 2016, the government again introduced new notes at the rate of 1 BYN = 10,000 BYR.

Countries Accepting the Belarusian Ruble

As mentioned earlier, the Belarusian ruble is a closed currency so the Belarusian ruble currency exchange happens only within the country. Euros and dollars are easily exchanged at the Belarusian ruble exchange rate. Most international currencies can be exchanged in a similar manner. There are exchange offices all throughout the country for exchanging currency.

 

Almost all countries exchange Belarusian rubles at different exchange rates. Here’s a list below accounting for the Belarusian ruble’s exchange rate:

 

Currency Converter Belarusian Ruble

 

 * Belarusian Ruble to Indian Rupee - 1 Belarusian Ruble = 0 INR

 * Belarusian Ruble to Dollar - 1 Belarusian Ruble = 0.40 USD

 * Belarusian Ruble to Euro - 1 Belarusian Ruble = 0.37 Euro

 * Belarusian Ruble to Russian Ruble - 1 Belarusian Ruble = 27.33 RUB.

 

Using the currency converter Belarusian ruble rate can be seen against any currency online.

 

For the most updated exchange rate, follow the ‘live Belarusian Ruble rate’ online.

Amount in the Belarusian Ruble You Should Carry for Your Trip

What is a safe amount of money to carry for a trip to Belarus? The answer to this depends on various factors, including: What is the purpose of your trip? How long is your trip for? Are you on a tight budget or can you spend lavishly? Are you travelling alone or with your family?

 

If you are travelling alone, the expense per day would be around 90 USD per day (which is 227 BYN) if you plan to go on a budget trip. On the other hand, if you wish to spend exuberantly on your trip to Belarus, the cost for that would come around anywhere between 490 USD (1236 BYN) (for a mid-level budget) and 550 USD (1387 BYN) (for a luxury budget). As an estimate, a family of four should have a budget of 130 USD for a one-day stay in Belarus. One could carry Belarusian ruble forex cards or multi-currency forex cards for their trip to Belarus.

Best Ways to Identify Counterfeit Belarusian Ruble Notes

counterfiet

There are a few ways through which you can spot the counterfeit Belarusian Ruble notes:

  • green check

    Security thread: Security thread is a type of anti-counterfeiting feature used in most currencies around the world. The Belarusian ruble, too, uses this feature as a protection against counterfeit notes.

  • green check

    Watermark: Watermarking again is a universal method of protection against counterfeit products. Here a translucent image is produced which acts as an authentication feature. Every currency has its own unique watermark which helps in identifying its notes. The Bulgarian ruble too employs this technique to protect against counterfeit notes.

counterfiet

Process of Exchanging the Belarusian Ruble

The process of converting the Belarusian Ruble to Indian Rupee is immensely easy. Please note that the 1 Belarusian Ruble to INR value is subject to change so keep an eye on the Belarusian Ruble rate alert. Below, we have mentioned some of the popular ways to convert Belarusian Rubles to Rupees.

Internationally-Accepted Card

A multi-currency forex card is counted among the most economical and safest way of carrying the Belarusian Ruble.

  • green check

    The BookMyForex Multi-Currency card can be loaded in 14 currencies and features zero forex mark-up.

Online Forex Marketplace

The simplest and most cost-efficient way of converting your Belarusian Ruble is using an online forex marketplace such as BookMyForex, a platform by MakeMyTrip, offering the best conversion rates and currency exchange service. The platform offers a 5-minute fully-digital online process for currency exchange.

Visiting Your Bank

The most traditional way of converting the Belarusian Ruble to Rupee is by visiting a bank and standing in long queues. It is not only time-consuming but you also end up paying a high cost for making the Belarusian Ruble convert to Indian Rupees.

Local Money Changers

You can look for an Authorised Dealer Category II or someone who has a money changers licence. Money exchangers offer competitive Belarusian Ruble exchange rates, and you’d not need a bank account in this case. However, the process of rate haggling can be quite frustrating for those who are looking for an easy way to convert Belarusian Ruble to INR.

 

On the other hand,BookMyForex, the online marketplace, offers internationally-accepted forex card and currency notes at the best rates via a convenient online process.

Airport

If you would like to convert the Belarusian Ruble in India, one of the costliest ways to do so would be to get the Belarusian Ruble exchanged at an airport due to the exorbitantly high BYN exchange rates. Currency exchange at the airport will prove to be 5%-15% costlier than BookMyForex.

Exchange the Belarusian Ruble with BookMyForex

BookMyForex, the online forex marketplace by MakeMyTrip, makes it a hassle-free affair for you to convert the BYN to Indian Rupees as well as Indian Rupee to Belarusian Ruble. Please note that the 1 Belarusian Ruble to INR value is subject to change so keep an eye on the Belarusian Ruble rate alert. You should choose MakeMyTrip for currency exchange for the following reasons:

wide range products

Wide Range of Products

  • Forex (Currency Notes) - Available in 100+ cities across India, BookMyForex allows you to get your currency notes delivered on the same day or the next day after 100% digital booking.

  • BookMyForex Multi-Currency Card - You can load this card in 14 currencies with 0% Forex Mark-up. Once you have booked this card, you can receive it the same day (if booking is made before 1 PM) or the next.

  • International Travel Insurance - MakeMyTrip also offers international travel insurance at cheapest rates in the market. Also, you can opt for this product if you’d like MMT to handle your mandatory travel insurance requirements along with a VISA application.

  • Travel Loan - With TripMoney, you can avail a travel loan of up to INR 1,00,000 (lifetime limit) for all your travel and holiday needs.

Best Exchange Rates

Best Exchange Rates

BookMyForex makes it easy for you to buy Belarusian Ruble or sell Belarusian Ruble at live and best exchange rates.

Quick Money Transfer

Quick Money Transfer

You can also enjoy quick international money transfers on BookMyForex. The 5-minute digital process offers the best forex rates, and you can receive funds abroad within 12 to 48 hours.

Home Delivery

Home Delivery

BookMyForex delivers the Belarusian Rubles at your doorstep. So, you can simply order and receive your currency from the comfort of your home.

Best Rates to Exchange the Belarusian Ruble

You’d need to keep an eye on the current currency rates, if you’d like to know the exact value you’d get on converting 1 Belarusian Ruble in Rupees. The exchange rates keep on fluctuating. BookMyForex, an online forex marketplace by MakeMyTrip, keeps you updated with the live currency exchange rates. You can keep up with the changing value of 1 Belarusian Ruble in India in real-time on the platform and get the best deal. Currently, 1 BYN is equivalent to 0 INR .

Best Ways to Carry the Belarusian Ruble

BookMyForex allows you to convert INR to the Belarusian Ruble at the best exchange rates so that you can carry the Belarusian Rubles without any hassle. Some of the best ways to carry the Belarusian Ruble are mentioned below:

Bookmyforex

Currency Notes

You can buy the US Dollar notes at live and best exchange rates on BookMyForex so that you can be ready for your trip with sufficient cash in your hand.

BookMyForex Multi-Currency Card - 0% Forex Mark-Up

The Multi-Currency Forex Travel Card available on MakeMyTrip with BookMyForex as the co-branding partner comes with 0% forex mark-up over interbank rates.

How to Buy the Belarusian Ruble at Best Rates - Currency Notes and Cards

Whether you want to buy forex cards and currency notes or sell the Belarusian Ruble, MakeMyTrip makes the entire process quite easy. It doesn’t matter whether you want to convert the Belarusian Ruble to USD, INR to Belarusian Ruble or Belarusian Ruble to Euro, you only need to follow the below-written steps:

  • STEP 01

    Select your city from the drop-down list.

  • STEP 02

    Choose the currency you have and the currency you want.

  • STEP 03

    Opt for a forex card or currency notes from the list.

  • STEP 04

    Mention the forex amount. The live currency exchange rate will show up next to it.

  • STEP 05

    The converted currency amount according to the exchange rate will show up automatically.

  • STEP 06

    Then proceed with booking your order.

Documents Required to Buy or Sell the Belarusian Ruble

Here are some important documents mandated by the RBI that you must submit in order to buy or sell the Belarusian Ruble in India.

  • green check

    Copies of your valid Indian passport

  • green check

    PAN Card

  • green check

    Confirmed air ticket indicating your plan to travel within 60 days

  • green check

    Valid visa (it may not be required for every country)

Different Purposes for Exchanging the Belarusian Ruble

  • Private Travel: You can avail of up to BYN 10,000 for a private trip to the Belarus.

  • Studying Abroad: You can purchase foreign exchange of up to BYN 30,000 or up to the estimate shared by your educational institute.

  • Employment Purpose: In case you have a letter of employment, you can buy foreign exchange of up to BYN 5,000.

  • Emigration: If you have an emigration visa, you can buy foreign exchange for up to BYN 5,000.

  • Gift and Donation: You can gift or donate up to BYN 5,000 annually on the basis of self-certification

  • Medical Treatment: On the basis of self-certification, you can buy foreign exchange of up to BYN 50,000 for medical treatments outside of India. Once the limit is surpassed, you have to provide the estimated expense that would be incurred at the hospital.

Buy and Sell the Belarusian Ruble Online at Best Exchange Rates

With BookMyForex, the online forex marketplace by MakeMyTrip, you can easily convert your currency. Enjoy unbeatable currency exchange rates and opt for BookMyForex Multi-Currency Cards as well as foreign currency notes. with no forex mark-up. MakeMyTrip also present the real-time value of one Belarusian Ruble in Indian Rupees so that you can stay updated with the ever-changing Belarusian Ruble value when converting your money to other currencies.

Home Delivery of the Belarusian Ruble

In addition to a smooth online process, BookMyForex also delivers the Belarusian Rubles right at your doorstep. In fact, you can enjoy same-day door delivery. So, you do not have to waste any time visiting a local money exchanger and picking up your money.

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Frequently Asked Questions

  • What is the currency of Belarus?

    The official currency of Belarus is the Belarusian Ruble (BYN). It's used for all kinds of transactions across Belarus, from shopping to dining and travel.

  • How do I get cashback after placing my forex order?

    Find out more about the cashback offer on your Belarusian Ruble (BYN) purchase by clicking here.

  • What is the best way to convert BYN to INR?

    You can convert BYN to INR using different methods such as visiting a nearby bank or an airport counter. However, both of these methods will prove to be time-consuming as well as costly. There are local money exchangers available but you might need to indulge in negotiations with them. Therefore, MakeMyTrip, powered by BookMyForex, is the perfect way to convert your currency. This online Forex solution offers currency exchange at live rates and delivers currency notes or Forex cards to your doorstep.

  • What will happen to the leftover Belarusian Ruble currency when I return from my trip?

    You can easily exchange any leftover currency notes or the money left in your Forex card with MakeMyTrip, powered by BookMyForex, once you have returned from your trip.

  • Can I invest in the Belarusian Ruble?

    Yes, you can invest in the Belarusian Ruble via mutual funds, ETFs, or ETNs. However, you should keep an eye on market fluctuation and geopolitical concerns.

  • Will I receive authentic Belarusian Ruble notes?

    Yes. MakeMyTrip offers genuine notes from RBI-licensed companies only.

  • Is it legally allowed to hold Belarusian Ruble in India?

    While it is acceptable to hold the Belarusian Ruble up to the amount authorised by RBI, you cannot use this currency for any kind of transaction in India.

  • What if I run out of the Belarusian Ruble currency while travelling?

    If you are carrying a MakeMyTrip multi-currency Forex card while travelling, then you can easily load it up and receive the money abroad within 48 hours.

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