Currency in Belarus: exchange, import, money. What is the currency in Belarus?

Currency in Belarus

Currency in Belarus

Belarus has its own currency - the Belarusian ruble. On exchanges, this currency is designated - BYR. Of the features of this currency, it is undoubtedly worth noting that it does not have exchangeable currency units. Money in Belarus is in denominations of 10, 20, 50, 100, 500 rubles. Larger bills - 1,000, 5,000, 10,000, 20,000, 50,000 and 100,000. Earlier, there were 50 kopeck bills in circulation, as well as 1, 3 and 5 Belarusian rubles.

History

Own money in Belarus appeared after the collapse of the USSR. The first issue of money was carried out in 1992. Previously, the banknotes had an image of various animals, now the banknotes have images of famous historical buildings, as well as paintings.

Exclusion from circulation

Since the beginning of 2001, notes of 50 kopecks and 3 Belarusian rubles have been excluded from circulation. Then, at the beginning of 2004, a note with a face value of 1 Belarusian ruble was excluded from circulation, and in the summer of 2005, a note of 5 Belarusian rubles fell out of circulation..
Since March 2013, banknotes in denominations of 10 and 20 BYR have also been excluded from circulation, and from the beginning of 2015, a note of 50 Belarusian rubles will cease to exist..

What currency to take to Belarus

Many tourists when traveling to foreign countries have this question. It is difficult to unequivocally answer the question of what currency to take to Belarus. We can confidently offer three options - the Russian ruble, the dollar and the euro..
The import of currency into Belarus is, in fact, unlimited. However, when importing more than 10,000 euros into the republic, you must fill out a special declaration. An amount of up to 3,000 euros can be freely exported from the republic. When exporting up to 10,000, you must fill out a declaration, and when exporting more than 10,000, you will need to submit a document confirming income.

Currency exchange in Belarus

You can exchange imported currency for local currency at one of the bank branches or at specialized exchange offices. It is worth saying that any exchange must be accompanied by an official document confirming the legality of the operation. This document must be saved before leaving the republic. This requirement is associated with the economic crisis in Belarus, due to which the exchange rate does not always correspond to the obvious. In this regard, the «black market», at which the exchange rate is often much more profitable. However, it must be understood that this is not legal. Illegal currency exchange can threaten a tourist with a large fine.

Credit cards

Large shops and hotels accept credit cards of the main payment systems - VISA and MasterCard. Also, in many cities of Belarus there are ATMs, but not many of them work with foreign currency..

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  • Currency in Belarus
  • Currency in Belarus
  • Currency in Belarus