From July 1, 2016, the denomination of the official currency will be carried out in the Republic of Belarus - Belarusian ruble. The corresponding decision was made by Decree of the President of the Republic of Belarus dated November 4, 2015 No. 450.
The denomination will be carried out 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 in banknotes of the 2000 sample to 1 Belarusian ruble in banknotes of the 2009 sample. 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 - 100 rubles - will be replaced by the lowest denomination of the new monetary series - 1 kopeck.
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.
The general design concept of the new banknotes corresponds to the motto "May kraіna - 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. In the design of the new banknotes of the 2009 sample, the continuity with respect to the banknote series of the 2000 sample has been preserved in terms of the use of images of architectural and urban planning monuments.
On the obverse (front side) of the change (circulation) coins introduced into circulation, the State Emblem of the Republic of Belarus is depicted, on the reverse (back side) - digital designations of the denominations of the coins.
Until July 1, 2016, banknotes of the 2000 model currently in circulation will be the only legal tender for cash settlements in the Republic of Belarus.
From July 1 to December 31, 2016, inclusive, banknotes of the 2000 sample, as well as banknotes and coins of the 2009 sample, 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 - from January 1, 2017 to December 31, 2021 inclusive - banknotes of the 2000 sample will be exchanged for banknotes sample of 2009 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 - in National Bank, banks and non-bank credit and financial organizations of the Republic of Belarus;
from January 1, 2020 to December 31, 2021 inclusive - at the National Bank of the Republic of Belarus.
The decision to denominate the Belarusian ruble was made in order to improve monetary circulation, simplify accounting and settlements, and maintain an optimal denomination 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.
Thus, 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 any product cost, for example, 100,000 rubles, then after the denomination its price will be 10 rubles. 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, during the denomination, salaries, pensions, scholarships, balances 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 on 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-Z "On the rules of Belarusian spelling and punctuation", this word must be written through the letter "ya" in the second syllable - "pyatdzyasat".
When the National Bank executes subsequent orders for the production of new banknotes, these discrepancies will be eliminated.
Since July 1, 2016, denomination has been carried out in Belarus in accordance with Decree No. 450 “On the denomination of the official currency of the Republic of Belarus”.
During its 23-year history, the Belarusian national currency has already lost zeros twice. The "bunnies", which appeared in 1992, "cut their ears" almost immediately - in 1994. The denomination of the currency then decreased by only 10 times.
The denomination on July 1, 2016 is the largest ever new Belarus. Old money will be exchanged for new in the ratio of 10 thousand rubles to 1 ruble. That means we're going to be denominated 10,000 times.
Will the life of Belarusians change much in connection with this denomination? This is an article.
Old and new money will be in circulation until the end of 2016. In the next three years, old money can be changed at banks, and until December 31, 2021, at the National Bank.
The largest new banknote 500 rubles corresponds to the old 5 million ($250 at the exchange rate of 2016), and one kopeck, which corresponds to the old 100 rubles, has become the smallest monetary unit.
In total, since July 1, seven denominations of banknotes have been 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 ruble. Documents of the National Bank on denomination (https://www.nbrb.by/CoinsBanknotes/denomination/mainq).
This is the third denomination of the Belarusian ruble. Previous bank notes, which are now being exchanged for new rubles, have been in circulation for 16 years (http://naviny.by/rubrics/finance/2016/07/01/ic_articles_114_192010/).
The reason is quite simple: there is a huge amount of money in circulation today, and people experience significant inconvenience in connection with this.
Against the backdrop of a rapid increase in prices over the past few years, not a single denomination of more than 200 thousand rubles has appeared. At the same time, several million are needed to purchase some goods (for example, household appliances). That is, the buyer must come to the store with pockets full of money. In the truest sense of these words.
In a few years of runaway inflation, falling incomes and increasing tax burden prices have skyrocketed. You can pay for coffee in a restaurant with the help of several tens of thousands of rubles, and the salary, it turns out, is several million rubles. That is, Berasus is approaching Zimbabwe at such a pace, where a loaf of bread costs several million Zimbabwean dollars.
Carrying out a denomination is a forced step, only it eliminates the symptoms, and not the root causes of such phenomena in the economy.
But there is reason to believe that another scenario may underlie the current monetary reform in Belarus. Recently, the positions of supporters of tough neoliberal reforms and rapprochement with the West have significantly strengthened in the presidential entourage and government. It seems that after the recent presidential elections and the temporary lifting of EU sanctions against top Belarusian officials and companies, this vector is beginning to prevail.
November 3, 2015 At the economic forum “The Economy of Belarus: Again Before a Choice,” Presidential Aide Kirill Rudy and First Deputy Minister of Economy Alexander Zaborovsky made proposals for a real “shock therapy” for Belarus in 2016. And if it is their approaches to the actual curtailment of state support for enterprises, avoiding state regulation, large-scale job cuts and westernization of the country will be accepted by the head of state, then the current denomination will become an organic part of this liberal-pro-Western turn.
The National Bank has already announced plans to reduce inflation. But if strict monetarist rules are applied to the new Belarusian ruble and, as a result of cuts in social and government spending, as well as anti-inflationary measures of the National Bank, its relatively firm exchange rate is set, then importers supplying their goods to the Belarusian market will undoubtedly benefit. For Western corporations, their intermediaries and lobbyists in the republic, this approach is just what the doctor ordered. Or, to be more precise, shock therapy specialists from the IMF and the EU.
Pursuing a monetary policy, one of the instruments of which may be the new Belarusian ruble, can also significantly facilitate the process of integration of Belarus with the EU countries.
It is no coincidence that the Republic of Belarus adopted a new banking code, developed taking into account the recommendations of international financial institutions. This code, on the one hand, makes National Bank an independent entity, little dependent on the Council of Ministers, but it also limits direct lending by the National Bank industrial enterprises Belarus.
Be that as it may, even ordinary citizens of Belarus, who are poorly versed in financial strategies, do not expect special "carrots" from the denomination. They know one law of the market well: the cost of gingerbread and other goods will definitely creep up in the event of the forthcoming rounding of prices. And the amount of cash in their wallets is down.
Experts currently see the main problems in errors in calculations when using cards, ATMs and their wallets. Basically, they teach how to shop with new prices and how not to get confused in zeros (http://www.kp.by/daily/26549.4/3565158/).
The problem of possible devaluation is mentioned in the publications very reservedly, in passing:
There is also psychology here. And let the authorities assure as much as they like that the denomination is an exclusively technical process (the way it is), but the rise in price of the dollar by 3-4 kopecks a day will be perceived much more calmly than its rise in price by 300-400 rubles. Although in the end it's the same.
Whether the authorities will take advantage of this opportunity, we will see later. In the meantime, the very presence of a 500-ruble note among the new banknotes is frightening. The old ones are 5 million. The logical question is why such a high denomination if, according to the five-year forecast until 2020, inflation will drop to 5% (https://charter97.org/ru/news/2016/6/28/211022/)?
The leadership of Belarus has an understanding that business can take advantage (as was the case with other denominations, including in the USSR and Russia), by raising food prices. The President noted after the approval of the new money:
Against the backdrop of denomination, a rapid rise in inflation is possible. The experience of conducting denominations in Belarus, Russia and the Khrushchev USSR suggests that dealers will still raise prices. For example, if an item cost 19,900, then after the denomination its cost will be 1.99 rubles. For ease of calculation, sellers will deliberately round the price to 2 rubles. financial policy and liberal economic theories, owning the minds of officials and economists.
What is the problem with modern economic system? To answer this question, to begin with, we propose to consider what approaches to the study and organization of the economy exist.
All possible and currently known economic theories are divided into two classes:
The first theories form the basis of financial and economic education in all countries with developed traditions of a market economy and represent the so-called "economy for clerks", forming a cadre of those whose hands carry out essentially non-economic goals. These theories are united general approach to the organization of the national economy, based on the calculation financial indicators economy, and which is therefore called financial accounting approach. It dominates the economy today. And that is why all the forecasts of all experts contain in one form or another the understanding that “inflation and devaluation will continue” regardless of the denomination or its absence and differ only in numerical estimates of this general rate. Denominations in such a system are inevitable, since financial system based on the usury loan interest, spins up inflation, adding and adding zeros to the depreciating currencies of countries. The denomination in such a system is natural, therefore, experts do not talk about how to build a system so that there is no need for a denomination in the future, but about when it will inevitably (in their understanding and in this system) be.
Economic theories of the second kind in developed countries market economy do not find expression in the system of financial and economic education. They represent the personal economic and financial opinions of the top managers of successful firms, as well as the traditions of the families of banking and industrial magnates (on a global scale, about 350 - 400 families, of which about 50 families within the United States). All this, coupled with theoretically non-formalized life and professional skills, is the so-called "economy for the owners."
In these economic theories it is necessary to answer such questions as:
At the same time, the answers to these and many other questions are largely determined by the policy (both internal and external), the implementation of which the economic system of society one way or another must ensure economically through the organization of technological chains and their interconnections, so this approach to building the national economy called - organizational and technological approach.
Because the financial circulation only accompanies the production and consumer product exchange and the provision of access to natural benefits, which, due to various kinds of socially determined reasons, are not free - in the organizational and technological approach, the credit and financial system(together with the legislation regulating financial circulation) appears as one of many macro-level management tools in the economic system of a society (besides it, macro-level management tools are, in particular: a system of standards, business ethics, a chart of accounts).
But today's political forces in many countries, for the most part, are engaged in adaptation, adjustment to the financial climate created by the "masters" of the global economic system.
Our Union State through the Eurasian Union, SCO, BRICS is only preparing the ground for the transition to an organizational and technological approach to the economy, and this often happens against the will and consciousness of the majority of the bureaucracy, burdened with liberal views by the forces of initiative individuals who understand what and how to do . The illness of “elite” liberalism is one of the biggest dangers for us and our future, since liberals do not realize the information and algorithmic integrity of the economy, as a certain set of objects interconnected by a single algorithm and information links, presenting it to themselves for the most part as an endless sea of finance, along which they sail on their boats, boats and ships of various sizes of companies, trying to sail to more profitable places, bypassing storms and crises.
Functional diagram of the interconnections of sectors of the national economy
This is how the general scheme of branches of the national economy looks like, but you will not find this scheme in any course of today's education system. In different disciplines, they show different blocks, at most, the relationships between neighboring blocks, but do not describe the entire integrity of the national economy, which gives rise to the inadequacy of the worldview of many people in matters of management, including liberals.
What does the education system teach us? Separate fragments, separate interconnections, but not the entire integrity of the national economy! But the understanding that the national economy is a closed (absolutely on a global scale) production-consumer system, which should be regulated accordingly (and is actually regulated behind the scenes through the balance sheets of corporations) by inter-industry and inter-regional balances of product exchange and financial exchange.
BUT modern system education at the same time generates a kaleidoscopic picture of the economy in the minds of people and similar to the above-described "boundless" ideas about it. Therefore, they themselves, united by common algorithms of behavior, liberals, weighed down economic theories“for clerks”, they are not perceived as integrity, as an information-algorithmic set. However, those who understand the generality of the information and algorithmic support of the liberals' thinking can set the goal of managing this integrity as a single object. To do this, you just need to know how this set of individuals will statistically react to this or that information.
By giving the necessary signals, it is possible to transfer them to one or another mode of functioning, which happens through information injections, there would be a reason.
Recognition of the fact that the meaning of existence and social utility of economic units in relation to the interests of the population of Belarus is achieved only as part of an economic and political complex called " National economy Belarus (or larger - the Union State, the EAEU) "as a whole, means that within this complex a network of money circulation channels should be built, each of which has a certain functional purpose in the life and development of this complex in the continuity of generations.
This is exactly what F.D. Roosevelt tried to do in the USA during the Great Depression. This system cannot develop by itself under the influence of the pricing laws of the “free market”.
Especially if this “market” is open to any actions on it by various kinds of foreign entities at their unrestricted discretion. It must be built meaningfully and expediently to protect against this very “free” market of the population and the process of social development. And this circumstance brings us back to the intersectoral and interregional balances of product exchange and financial exchange and leads to the question of the contribution of each administratively independent enterprise (as well as their associations) to this overall balance.
Otherwise, we will live in a state of constant “inflation and devaluation” in anticipation of the next crisis, from time to time carrying out denominations so as not to frighten the population with the burden of accumulated zeros, but in fact - inflation, the system generator of which is the loan interest.
At the same time, it is also necessary to recognize that the economic and political complex called the “National Economy” can successfully develop only as a result of the successful development of the vast majority of its constituent elements. Those. A healthy body can only be made up of healthy cells.
I'll tell you a secret that our man is not even afraid of domestic politics, simply because he does not understand it. No matter how you pester him, he will still think that this is not “internal politics”, but simply divine permission, like pestilence, famine, floods, with the only difference that this time the embodiment of this permission is a pompadour. Does he need to understand what domestic politics is? - opinions on this matter may differ; but I, for my part, say bluntly: beware, gentlemen! because as soon as a man understands what internal politics is - n-i-ni, c'est fini! [it's over!] (Saltykov-Shchedrin "Pompadours and Pompadours"
In the 19th century, it was permissible for a Russian peasant not to know and not understand what “internal politics” was.
At present, it is necessary to know and understand both domestic and foreign and global politics.
The chances that the Belarusian and Great Russian peasants will learn to understand this are extinguished by the imposition of various "traditions", myths, dogmas; coding education "book wisdom", and just frank, daily brainwashing.
Therefore, everyone needs to educate themselves in order to bring closer a full-fledged transition to an organizational and technological approach to the management of the national economy.
Decree of the President of the Republic of Belarus dated November 4, 2015 No. 450 announced the 3rd denomination of the national currency since the collapse of the Soviet Union. The money exchange of 2000, which began on July 1, 2016, was the result of prolonged hyperinflation in the Republic. The exchange of old money for new in Belarus is carried out for:
For the population, the key questions were where, how and until what time it is possible to exchange old money for new ones.
Denomination in simple understanding removes extra zeros from banknotes. Year 2000 banknotes are worthless on their own. Until December 31, 2016, in fact, there was a double price tag for goods in the country, that is, it was possible to pay with both old and new money.
In all stores in Belarus, one could see the conversion table:
| New denomination | old denomination |
| 1 kop. | 100 BYR |
| 2 kop. | 200 BYR |
| 5 kop. | 500 BYR |
| 10 kop. | 1000 BYR |
| 20 kop. | 2000 BYR |
| 50 kop. | 5 000 BYR |
| 1 BYR | 10 000 BYR |
| 2 BYR | 20 000 BYR |
| 5 BYR | BYR 50 000 |
| 10 BYR | 100 000 BYR |
| 20 BYR | 200 000 BYR |
| 50 BYR | BYR 500 000 |
| 100 BYR | 1 000 000 BYR |
| 200 BYR | 2 000 000 BYR |
| 500 BYR | 5 000 000 BYR |
Starting January 1, 2017, only Belarusian banknotes 2009 The exchange of old money for new in Belarus is not only possible, but has become a necessary reality. It makes no sense to keep waste paper that is worth nothing.
The exchange amount must be a multiple of 100. If the amount is less than the established limit, the National Bank simply has nothing to give you.
In Russia and Kazakhstan since January 1, 2017 exchange Belarusian currency sample 2000 to the domestic one is impossible due to their withdrawal. The only option is to exchange them for banknotes of 2009. Then, if desired, you can buy any currency for them.
Only banknotes of general use are subject to exchange. The denomination did not affect the investment and commemorative coins issued by the National Bank of the Republic of Belarus in last years before denomination. They are valid for any payments. The value of each banknote is equated to their face value.
The denomination of 2016 was planned as early as 2008. New banknotes were developed in 2007, but struck world economy the crisis of 2008 did not allow Belarus to carry out the monetary reform in time. The exchange of money of the old sample in Belarus is carried out at the rate of 10,000:1. This rate is set to be the same for the entire exchange.
Both cash and cards can be exchanged. The exchange when withdrawing money from the card occurs automatically at the accepted rate. Owners of deposits will not have to write an application for the recalculation of funds in a new way. Some banks were able to reorganize instantly, and their customers could withdraw savings through ATMs in new currency starting July 1, 2016
Instead of thousandth bills, the following are introduced into circulation:
Denomination - consolidation of the monetary unit of the country. As of June 1, 2016, more than 97% of the amount and 60% of all banknotes in circulation in the form of cash were seized.
Monetary reform is a measure that the economy of the Republic needed 8-9 years ago. Hyperinflation has made every first inhabitant of the country a millionaire. At the same time, banknotes of truly high value were extremely rare. Belarusians had to carry a real money bag with them, while the coins were completely out of circulation. Because of this, the Belarusian banknote has become one of the strangest currencies in Europe.
Consolidation is a purely technical undertaking. It does not affect the level of inflation, wages, the amount of debt, the exchanger works automatically. What can not be said about special management and accounting programs, such as 1C. With the introduction of kopecks, it became necessary to switch to new configurations, it will be necessary not only to finalize the form, but also update the metadata. This can be done independently according to the instructions if the simplest accounting system is used. In other cases, the help of specialists is needed.
The denomination in the Republic of Belarus began not only 8 years later than the due account, but also under very strange circumstances. The National Bank officially acknowledged that the first batch of new money with a spelling error (“pyatsdzesyat” instead of “pyatsdzyasyat”) costs a facsimile of the former head central bank Belarus. The fact is that the banknotes were printed back in 2008, since then the country has undergone a change in the leadership of the National Bank and a reform of the language. And since they printed a decent amount of banknotes, they did not alter anything.
The design of the new banknotes, although imbued with pride in national places, was developed by EU artists. Many note the fact that the new Belarusian ruble is similar to the euro. It is noteworthy that money was also printed abroad, in particular, in the UK.
On January 1, 2022, the 2000 banknotes were officially declared invalid. The population of Belarus, as well as citizens of other countries who still have that kind of money, have 5 years.
Most of those who have not changed the old money at the moment, or the owners of banknotes with a face value of 50 rubles. (at the devaluation rate, such money simply cannot be exchanged for in a single amount) or with a face value of 100,000 rubles. and more. It is likely that after some time, banknotes of large denominations will be of interest to collectors. Already, there are ads on the net selling them for n-amount in dollars. Entrepreneurial "millionaires" should keep in mind that numismatists will be interested in specimens preserved in looking good, as well as a rare series.
It may not always be profitable to exchange old Belarusian money for new ones. For those who do not understand bonistics, below is a list of banknotes for which collectors are already ready to pay you a tidy sum of money.
Banknotes of rare series:
Defective banknotes are also of interest. For example, marriage paper jams when printing. It is very difficult to find them, but if you succeed, you will get 10 times more than their real face value.
The 2016 denomination is a breath of fresh air in the economy of Belarus. It is difficult to say whether the decision was right to push back the deadlines by as much as 8 years. Reforms are always difficult, because any violation of the usual way of life, especially financial well-being of the population, is a period of denial, rampant fraudulent schemes. But in conditions of hyperinflation, this is the only tool that can save the country from default.
Less than a week is left before new banknotes will appear in circulation in Belarus and coins will ring. The denomination will pass ("drop" 4 zeros). One hundred rubles will turn into one kopeck, and the largest new banknote 500 rubles will be the equivalent of the old 5 million.
the site decided to remind once again about the ratio of new and old banknotes, until what time banknotes of the 2000 sample will be valid, and also to study visual signs authenticity of new banknotes, so as not to fall for a fake.
It is important to remember that It will be possible to exchange old banknotes for new ones until January 1, 2022!
Stages of denomination:
Until the end of 2016, new and old money are in parallel circulation and are obligatory for acceptance by all business entities when making all types of payments without restrictions. All business entities are required to indicate two prices - in old and new money.
January 1, 2017 - December 31, 2021. Old banknotes are exchanged for new ones in any amount without restrictions and without charging a commission: in ATMs, cash desks of banks, trade and service organizations, new banknotes and coins will appear gradually - as the equipment is reprogrammed.
From January 1, 2017 to December 31, 2019 - in the National Bank, banks and non-bank financial institutions of Belarus.
From January 1, 2020 to December 31, 2021 - at the National Bank of the Republic of Belarus.
On the example of a banknote with a face value of 20 rubles
The banknotes are made on special paper with security fibers of blue, red and yellow colours, luminescent in ultraviolet rays, randomly located in it.
1. Watermark. To the left of the main image on the unprinted field there is a local halftone watermark repeating a fragment of the main image of the front side of the banknote.
2. Security thread. Metallized window (diving) type, emerging on the surface of the front side of the banknote in the form of rectangles forming a dotted line. When the banknote is viewed against the light, the security thread looks like a solid dark strip with negative (light) text in the upright and inverted image.
3. Label for visually impaired people. Geometric figures printed in the lower left corner of the front side of the banknote have an increased thickness of the ink layer, due to which they are well perceived by touch.
4. Overlapping image. Fragments of the image of the denomination at the top left on the front and at the top right on the back of the banknotes are aligned to the light, forming a single image of the denomination of banknotes.
5. Latent image. When the banknote is viewed through the light, the image of the ornament printed on the left side of the front side of the banknote shows the image of the banknote denomination. (Except for banknotes of 5, 10 and 20 rubles).
6. Color-shifting ink (OVI). When the banknote is tilted, the banknote denomination figures printed in the upper right corner of the reverse side of the banknote change color. (Only for banknotes of 200 and 500 rubles).
On the obverse (front side) of the coins, the State Emblem of the Republic of Belarus is depicted, on the reverse (back side) - digital designations of coin denominations.
Many Russians have relatives in Belarus. Given this, our compatriots often face the issue of exchanging Belarusian rubles for the national currency. There are several ways to resolve this issue. Firstly, the exchange of Belarusian rubles is carried out by almost any domestic bank. Secondly, such an exchange can be carried out on the Moscow Currency Exchange.
Speaking of Belarusian rubles, it is worth recalling that this official currency unit Belarus appeared in the 90s, immediately after the refusal of this country to use Soviet rubles. The Belarusian ruble is considered a rather problematic currency. It has undergone significant devaluation several times. It first happened in 2009. Then the exchange rate of this currency was reduced by 20%. The Belarusian ruble continued its fall in 2011. During the year, the exchange rate of this currency fell by more than 100%. The gradual fall of the ruble continued in subsequent years. As a result of this, the government of Belarus was forced to put into circulation Belarusian rubles with a face value of 200,000. It is also worth noting that Belarusian rubles are in circulation today, made in various designs. This is due to the fact that in 2009 a new series of Belarusian rubles was introduced into circulation.
In the early 2010s, the devaluation of the Belarusian ruble reached a critical point. In Belarus, only banknotes of 100 and 200 thousand were in use. This situation did not satisfy either the society or the government of the country. As a result, in 2016, it was decided to denominate the national currency. Since July 1, 2016, 10 thousand old banknotes have become equivalent to 1 ruble of a new sample. Accordingly, this currency was denominated 10 thousand times.
The denomination of the currency made the inhabitants of Belarus and Russia face the need to exchange the old-style currency for new banknotes. Acceptance of the old-style currency was carried out unlimitedly until December 31, 2016. Starting from 2017, all owners of old banknotes are required to exchange Belarusian rubles for a currency issued in 2009. The exchange must be carried out without restrictions and any commissions.
Until the end of 2019, it is possible to exchange old banknotes for new ones at the National Bank of Belarus, as well as at various financial institutions this country. From 2020, the exchange can be carried out exclusively at the National Bank of Belarus. The deadline for accepting old banknotes is December 31, 2021. The very next day, banknotes of the old sample will be considered out of circulation.
It is worth recalling that a denomination is considered to be a change in the denomination of banknotes for simplification financial transactions in conditions of high inflation. The Belarusian ruble was first denominated back in 1992. Then this currency was introduced in the ratio of 1 Belarusian ruble for 10 Soviet. Two years later, the currency was re-denominated. The Belarusian ruble was denominated 10 times. At the beginning of the new century, this currency was denominated 1000 times. Finally, the last denomination took place on July 1, 2016. Such actions of the government of Belarus are primarily aimed at stabilizing the national currency, which experiences periods of devaluation from year to year.
As a result last denomination In Belarus, new banknotes of seven denominations came into use: from 5 to 500 rubles. Interestingly, as a result of the denomination, the design of Belarusian rubles was also changed. The new concept corresponds to the slogan "My country is Belarus". Each of the new banknotes is dedicated to one of the regions of the country, as well as the capital - Minsk.
As a result of the denomination, the obligatory exchange of old banknotes for new ones must be carried out. Owners of old Belarusian rubles can make such an exchange until December 31, 2021.
Many residents of the capital are interested in the issue of exchanging Belarusian rubles. Today, this currency is exchanged at the Sberbank of the Russian Federation, as well as other commercial banks Moscow. In addition, the exchange can be carried out in special exchange offices. Most often, such points are located on the territory of Moscow railway stations. Another option for exchanging Belarusian rubles is the Moscow Currency Exchange. Currently, not only legal, but also individuals. Here customers can exchange the Belarusian ruble on a par with US dollars, euro and any other currency. But the reverse exchange often causes certain difficulties, since the filling of exchange offices with Belarusian rubles is carried out unevenly.
If it is necessary to exchange old Belarusian rubles for new ones, then the residents of Moscow have no choice but to contact the National Bank of Belarus in Minsk or one of the Belarusian commercial banks. In Russia, the exchange of old Belarusian rubles for new ones is not carried out.
It is also worth noting that today the exchange rate of the Belarusian ruble is floating. Therefore, residents of the capital should not be surprised that completely different exchange rates are offered at various exchange offices.
The exchange of the Belarusian currency in St. Petersburg is carried out without any restrictions. The exchange of Belarusian rubles can be performed both in commercial banks and in exchange offices, most of which are located at the railway stations of the Northern capital. Moreover, some exchange offices work around the clock, so customers can make an exchange at any convenient time. But the reverse exchange is quite difficult. As in Moscow, in St. Petersburg there is often a deficit of the Belarusian currency.
It should be noted that the Belarusian currency is one of the most unstable in the world. Therefore, before making an exchange, you should definitely make sure that the positions of the Belarusian ruble are reliable on foreign exchange market. The Belarusian currency tends to fall sharply. In such conditions, there is a risk of exchanging the Belarusian ruble at an unfavorable rate.
At the same time, you should be aware that in St. Petersburg it is impossible to exchange the Belarusian currency of the old sample for a new one. Such an exchange is carried out only on the territory of the Republic of Belarus. Owners of old banknotes should hurry, because starting from January 1, 2022, old banknotes will be considered invalid.
