Exchange 2 BYN to USD - 2 Belarusian Ruble to US 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 United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).
2 Belarusian Ruble to US Dollar exchange rates chart
2 BYN to USD 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.
2 Belarusian Ruble to US 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.