Exchange 1 BYN to CAD - 1 Belarusian Ruble to Canadian Dollar
The Belarusian ruble or rouble (Belarusian: рубель rubieĺ, plural: рублі rubli, genitive plural: рублёў rublioŭ; sign: Br; code: BYN) is the official currency of Belarus. The ruble is subdivided into 100 kopeks (Belarusian: капейка kapiejka, plural: капейкі kapiejki, genitive plural: капеек kapiejek).
The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.
1 Belarusian Ruble to Canadian Dollar exchange rates chart
1 BYN to CAD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.
1 Belarusian Ruble to Canadian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.
The president of a new state formation will reside in Moscow, Minsk will host the vice-president, Ruslan Bortnik, chief research officer of the Ukrainian Institute of Analysis and Management of Policy, told ukrlife.tv.
The decisions on the interest rate policy have been prompted by positive trends in the national economy, the improved resilience of the economy to external factors, and the stronger stability of the money and credit sphere.
Belarus has plenty of money to meet its obligations this year and most of next, so it's not planning any more Eurobond issues but may issue debt on the Russian capital markets, the head of Belarus’s debt agency said.