In the summer of 2016, work began on the largest denomination for the state in Belarus. The old "bunnies" lost 4 zeros at once, so jokes about millionaires are a thing of the past. The reasons for the denomination are quite clear, the rapid timing of inflation and huge denominations make calculations difficult.
The country has been preparing for this process for a long time, and the first new banknotes and coins appeared in 2009.
With the release of the first batches of new rubles, the country faced the problems of the crisis, and the process of transition to new money had to be postponed.
In this article, we will take a closer look at the new Belarusian money and coins.
Denomination- denomination of money, to simplify the calculations.
For Belarus, such a process has been suggested for a long time, so long ago that the locals got used to their money, and the tourists are in some shock when they only have to pay several thousand for travel.
They reduced the denomination of money by 10 thousand, that is, 10,000 turned into 1 ruble, 100,000 - 10 rubles, and so on.
The first denominated ruble appeared in banks in 2016, on July 1, on the same day all prices were recalculated for new ones, this applies to both social services and other systems of the country.
Denomination Belarusian ruble takes a lot of time, so at first the Belarusians will have to get used not only to the new denominations, but also to the fact that, along with the new ones, part of the old money remained in circulation.
It is impossible to introduce new denominations without new banknotes. Now Belarus has its own banknotes and new coins.
The appearance of banknotes has a traditional content, with pictures of outstanding architectural structures of various areas, as well as thematic collages dedicated to art.
In general, the design of banknotes is more reminiscent of the new European money, this is not surprising, because appearance appeared thanks to an artist from EU countries.
Money is also printed abroad, and more precisely in the UK.
In the photo below, you can see in more detail how the new Belarusian money now looks.
Junior parity of banknotes. On one side is a drawing of the Kamenets Vezha. On the back there is an image of the life of the Slavs in antiquity.
The front part is the Church of the Transfiguration of the Savior, in the Vitebsk region. The turnover is a picture of the themes of printing and enlightenment.
The face is the Rumyantsev Palace, the turnover is the theme of spirituality.
Considering that in the first batches there are 50 rubles of the 2009 sample, then part of the money will be in circulation with an incorrectly written denomination.
The fact is that according to the new rules, the spelling of the number 50 has changed, this will be displayed in new circulations, and the old ones were decided to be left in circulation.
Face - Mir Castle, Grodno region, reverse - various images corresponding to the theme of art.
The face is the Radziwill castle in Nesvizh. Turnover - theater and folk holidays.
Museum in Mogilev on the front side, and behind - elements of urban planning and various crafts.
Senior parity, on which the National Library of the city of Minsk is drawn. On the reverse side there are elements closely related to the subject of literature.
After examining the photo of the new banknotes, you can see that they have 2009 on them. This year it was approved new design money and the first samples were printed for circulation, but the process was a little delayed.
They decided to leave the appearance and old banknotes for the denomination and gradually introduce fresh batches.
In addition to banknotes, new coins appeared. Belarus does not have its own mint and does not intend to create one. The coins were brought to the country from Europe, more specifically from Lithuania and Slovakia.
The new Belarusian ruble and other coins, at the time of their appearance in circulation, had noticeable destruction of the metal. The National Bank noted that this shortcoming is typical only for the first series, in new batches the characteristics of the metal will change.
In total, eight denominations appeared, which we will examine in detail in the photo:
Obverse coins - a single one, in the center - the state emblem, under it - the inscription Belarus and at the very bottom - the date of minting.
1 kopeckIn the center is a large number 1, on the right is the face value, on the left is an ornament (a symbol of wealth).
Steel base plated with copper.
The number 2 is in the center, on the right is the face value, on the left is an ornament (a symbol of wealth).
Steel base plated with copper.
Large number 5 in the middle. On the right - parity, an ornament (a symbol of wealth) in the center of the curl of the figure itself.
Large number 10, on the right - dignity, ornament (symbol of fertility) in the center of the number 0.
Steel disc plated with an alloy of brass and copper.
Large number 20, on the right - dignity, ornament (symbol of fertility) in the center of the number 0.
Steel disc plated with an alloy of brass and copper.
A large number 50, on the right - dignity, an ornament in the center of the number 0.
Steel coin with cupronickel outer layer.
1 Belarusian ruble in the center has a large number one, on the left is the denomination, on the right is an ornament symbolizing the desire for freedom and happiness.
Steel base for outer ring and inner disc. In the center - cupronickel coating, outside - brass.
As you can see in the photo, the coin has a different obverse. On the front of this sample there is the coat of arms of the country (central disk), the year of issue on the bottom on the brass ring, on top - Belarus, on the right and left is the "Bagach" ornament. On the reverse there is a denomination and an ornament, which is a symbol of a person's desire for freedom.
Banknotes and coins National Bank Republic of Belarus issued into circulation since July 1, 2016 are presented today on the website of the National Bank.
The general concept of the design of the new banknotes corresponds to the motto "May country - Belarus". Each banknote is dedicated to one of the regions of Belarus and the city of Minsk. Correspondence of the area to the denomination of banknotes is determined in alphabetical order. The image of the banknote of 5 rubles is dedicated to the Brest region, 10 rubles to the Vitebsk region, 20 rubles to the Gomel region, 50 rubles to the Grodno region, 100 rubles to the Minsk region, 200 rubles to the Mogilev region, 500 rubles to the city of Minsk. The design of the new banknotes of the 2009 sample retained continuity with respect to the banknote series of the 2000 sample in terms of the use of images of architectural and urban planning monuments, according to the website of the National Bank of Belarus. Since July 1, 2016 in total Seven denominations of banknotes will be put into circulation - 5, 10, 20, 50, 100, 200 and 500 rubles, and eight denominations of coins - 1, 2, 5, 10, 20, and 50 kopecks, as well as 1 and 2 rubles.
This is how the current 50,000 rubles will look like.
This bill is equal to the current 100 thousand rubles.
Instead of the current banknote of 200 thousand rubles.
If we had a denomination of 500 thousand rubles, this is how they would look after the denomination.
The equivalent of 1 million rubles.
Think of this bill as 2 million rubles.
This bill is equal to the current 5 million rubles.
Here 100, as well as 200 and 500 current rubles.
Equivalent to the current 1,000, 2,000 and 5,000
And this is 10 thousand and 20 thousand current rubles.
The denomination will be carried out from July 1, 2016 by replacing banknotes of the 2000 sample in circulation with banknotes and coins of the 2009 sample in the ratio of 10,000 Belarusian rubles per banknotes sample 2000 to 1 Belarusian ruble in banknotes sample 2009. That is, taking into account the chosen scale of consolidation of the Belarusian ruble (1:10 000), the lowest denomination of the banknote currently in force - will be replaced by the lowest denomination of the new money series - 1 kopeck.
Before July 1, 2016 the only legal tender for cash settlements in the Republic of Belarus will be banknotes of the 2000 model currently in circulation.
July 1 to December 31, 2016 2000 banknotes included, as well as 2009 banknotes and coins will be in parallel circulation and will be mandatory for acceptance when making all types of payments by all business entities without restrictions.
Over the next five years - January 1, 2017 to December 31, 2021 inclusive - banknotes of the 2000 sample will be exchanged for banknotes of the 2009 sample in any amount without restrictions and without charging a commission.
At the same time, it will be possible to exchange old banknotes for new ones:
from January 1, 2017 to December 31, 2019 inclusive - at the National Bank, banks and non-banking credit and financial organizations The Republic of Belarus;
from January 1, 2020 to December 31, 2021 inclusive - at the National Bank of the Republic of Belarus.
From January 1, 2022, banknotes of the 2000 sample will be considered invalid.
The decision on the denomination of the Belarusian ruble was made to improve monetary circulation, simplifying accounting and calculations, maintaining an optimal banknote structure money supply, significant reduction public spending for servicing cash circulation in the Republic of Belarus. The denomination process is technical in nature and will not affect the purchasing power of the Belarusian ruble, the exchange rate national currency towards foreign currencies and the actual rate of inflation.
So, From July 1, 2016, prices for goods and services will be recalculated taking into account the selected denomination scale - 1:10,000.
In other words, if before the denomination a commodity was worth, for example, 100 000 rubles, then after the denomination, its price will be At the same time, in order to make it easier for buyers to adapt to such changes, for the period of parallel circulation of old and new banknotes, that is, in the period from July 1 to December 31, 2016, all business entities will be required to indicate two prices - old and new.
By a similar principle when conducting a denominationsalaries, pensions, scholarships, balances will be recalculated Money on the bank accounts, balance sheets of enterprises and institutions, etc.
It should be noted that preparations for the denomination in the Republic of Belarus took a rather long period. Thus, the new banknotes, which will be put into circulation from July 1, 2016, were made by order of the National Bank of the Republic of Belarus back in 2008. However, then, in connection with the global economic crisis and consequently worsening economic situation in our country, the denomination was postponed, and the produced banknotes were transferred to the Central Depository of the National Bank.
Taking into account the time of production, new Belarusian rubles have certain features. In particular, the banknotes of the 2009 sample put into circulation bear a facsimile of the signature of P.P. Prokopovich. In addition, the new 50-ruble banknote bears the inscription “pyatsdzesyat”, which does not comply with the current Belarusian spelling rules. In accordance with the Law of the Republic of Belarus dated July 23, 2008 No. 420-З “On the rules of Belarusian spelling and punctuation”, this word must be written through the letter “ya” in the second syllable - “pyatdzyasat”.
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November 4, Minsk /Tatyana Polezhay - BELTA/. In Belarus from July 1, 2016 denomination will take place. As BelTA was told in the press service of the President of the country, Alexander Lukashenko on November 4 signed Decree No. 450 "On the denomination of the official monetary unit The Republic of Belarus".
The document decides to from July 1, 2016 denomination of the official currency of the Republic of Belarus and replace to December 31, 2016 circulating banknotes of the 2000 sample in the form of banknotes to banknotes of the 2009 sample in the form of banknotes and coins in the ratio of Br10 thousand in the samples of 2000 to Br1 in the banknotes of the sample of 2009.
From July 1, 2016, new money will appear in Belarus. What new money will look like, whether people will lose their deposits, whether interest rates on loans will remain the same, whether the real sector of the economy will suffer - these and other questions were answered by representatives of the National Bank at a press conference on the denomination of the Belarusian ruble.
The leadership of the National Bank emphasized that the denomination of the national currency is a purely technical process, which involves the replacement of banknotes of the 2000 sample with banknotes of the 2009 sample.
In total, from July 1, 2016, seven denominations of banknotes - 5, 10, 20, 50, 100, 200 and 500 rubles, and eight denominations of coins - 1, 2, 5, 10, 20 and 50 kopecks, as well as 1 and 2 rubles.
Commemorative banknotes put into circulation National Bank, from July 1, 2016 are subject to acceptance for all types of payments without restrictions in the ratio indicated above, commemorative and bullion (investment) coins issued into circulation by the National Bank are subject to acceptance at face value for all types of payments without restrictions.
The decree establishes that 1 Belarusian ruble of the sample of 2009 is equal to 100 Belarusian kopecks sample of 2009.
From 1 July to 31 December 2016 banknotes of the sample of 2000 and banknotes of the sample of 2009 are in parallel circulation and are required to be accepted for all types of payments without restrictions in the ratio indicated above.
At the same time, it will be possible to exchange old banknotes for new ones:
from January 1, 2017 to December 31, 2019 inclusive– in the National Bank, banks and non-bank financial institutions of the Republic of Belarus;
from January 1, 2020 to December 31, 2021 inclusive– at the National Bank of the Republic of Belarus.
From January 1, 2020 to December 31, 2021 inclusive, old money for new money can only be exchanged at the National Bank. From January 1, 2022, banknotes of the 2000 sample will be considered invalid.
From July 1 to December 31, 2016, manufacturers, sellers, suppliers, performers and their representatives, when providing consumers with information about the goods (works, services) offered, are required to indicate prices (tariffs) in banknotes of the 2000 sample and banknotes of the 2009 sample.
The National Bank was instructed to ensure the issuance of banknotes of the 2009 sample and the withdrawal of banknotes of the 2000 sample from circulation, taking into account the provisions of the decree.
Alexander Lukashenko spoke about the denomination of the Belarusian ruble and what the new money would be like back on April 2, 2014, while talking in Baranovichi with representatives of the workforce of OJSC 558 Aircraft Repair Plant.
Banknotes and coins of the National Bank of the Republic of Belarus put into circulation from July 1, 2016
The general concept of the design of the new banknotes corresponds to the motto "May country - Belarus". Each banknote is dedicated to one of the regions of Belarus and the city of Minsk. Correspondence of the area to the denomination of banknotes is determined in alphabetical order. The image of the banknote of 5 rubles is dedicated to the Brest region, 10 rubles to the Vitebsk region, 20 rubles to the Gomel region, 50 rubles to the Grodno region, 100 rubles to the Minsk region, 200 rubles to the Mogilev region, 500 rubles to the city of Minsk. The design of the new banknotes of the 2009 sample retained continuity with respect to the banknote series of the 2000 sample in terms of the use of images of architectural and urban planning monuments.
