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Maker to Belarusian Ruble Converter and calculator

Convert 1Maker (MKR) to Belarusian Ruble (BYN) equals Br 9,796.25 | Bitget

BYN information

About Belarusian Ruble (BYN)

The Belarusian Ruble (BYN), the official currency of Belarus, is a symbol of the nation’s economic journey and resilience. It is commonly abbreviated as BYN and represented by the symbol Br. With its complex history and pivotal role in Belarus's economy, the Ruble offers a unique insight into the challenges and triumphs of this Eastern European country.

Historical Background

The Belarusian Ruble was introduced shortly after the country gained independence following the dissolution of the Soviet Union in 1991. This change marked a significant moment in Belarus’s history, as the nation sought to establish its own identity and economic autonomy. The early years of the Ruble were marked by hyperinflation and economic instability, mirroring the tumultuous transition from a Soviet republic to an independent state.

Design and Symbolism

The design of the Belarusian Ruble reflects the country’s cultural heritage and national identity. The notes and coins feature prominent historical figures, landmarks, and national symbols. For instance, the Mir Castle and the Nesvizh Castle, both UNESCO World Heritage Sites, are depicted on certain denominations, symbolizing Belarus's rich historical legacy. These designs serve not just as monetary instruments but also as a reminder of the nation's past and its cultural richness.

Economic Role and Value

The Ruble plays a crucial role in the Belarusian economy, facilitating trade and investment within the country. Over the years, the government and the National Bank of Belarus have implemented various reforms to stabilize the currency and control inflation. These efforts have been critical in building confidence in the Ruble and ensuring its functionality as a reliable medium of exchange.

Monetary Reforms and Redenomination

Belarus has undergone several redenominations of its currency, a response to historical periods of high inflation. The most recent redenomination in 2016 aimed to simplify transactions and restore public confidence in the national currency. This move was also part of broader economic reforms intended to stabilize and modernize the Belarusian economy.

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Bitget crypto-to-fiat exchange data shows that the most popular Maker currency pair is the MKR to BYN, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BYN.

MKR to BYN conversion rate trend

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In the past 1D, Maker has changed +16.29% to BYN. Based on the trend and price charts, Maker(MKR) has changed +16.29% to BYN while Belarusian Ruble(BYN) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Br9,703.93
0.0001% / 0.0004%vip-iconVIP
Binance
Br9,709.22
0.1000% / 0.1000%
Yes
OKX
Br9,697.46
0.080% / 0.100%
Yes
Huobi
Br9,726.26
0.1000% / 0.1000%
Yes
Gate.io
Br9,693.78
0.1000% / 0.1000%
Yes
Bybit
Br9,712.48
0.1000% / 0.1000%
Yes
KuCoin
Br9,702.69
0.1000% / 0.1000%
Yes
Bitfinex
Br9,715.42
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 21:00:30(UTC+0)

What factors influence the conversion rate of Maker to Belarusian Ruble?

Maker to Belarusian Ruble is falling this week.
Maker's current market price is Br 9,796.25 per MKR, with a total market cap of Br 9,058,687,106.18 BYN based on a circulating supply of 924,709.7 MKR. The trading volume of Maker has changed by +19.23% (Br 91,710,075.97 BYN) in the last 24 hours. Last trading day, MKR's trading volume was Br 476,911,471.53.
Market cap
$2.77B
24h volume
$174.17M
Circulating supply
924.71K MKR

Conversion tables

The exchange rate of Maker is increasing.
1 MKR is currently valued at Br 9,796.25 BYN , which means buying 5 MKR will cost Br 48,981.25 BYN . Similarly, Br1 BYN can be traded for 0.0001021 MKR, and Br50 BYN can be converted to 0.005104 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Belarusian Ruble has changed by -16.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by +16.29%, reaching a high of 9,806.22 BYN and a low of 8,189.31 BYN . One month ago, the value of 1 MKR was Br 8,831.09 BYN , which represents a +10.95% change from its current value. Over the last year, Maker has changed by
+Br
745.01BYN
, resulting in a change of +290.26% in its value.

MKR to BYN

Amount
21:24 today
0.5 MKR
Br4,898.12
1 MKR
Br9,796.25
5 MKR
Br48,981.25
10 MKR
Br97,962.49
50 MKR
Br489,812.47
100 MKR
Br979,624.95
500 MKR
Br4,898,124.74
1000 MKR
Br9,796,249.48

BYN to MKR

Amount21:24 today
0.5BYN0.{4}5104  MKR
1BYN0.0001021  MKR
5BYN0.0005104  MKR
10BYN0.001021  MKR
50BYN0.005104  MKR
100BYN0.01021  MKR
500BYN0.05104  MKR
1000BYN0.1021  MKR
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Today vs. 24 hours ago

Amount21:24 today24 hours ago24h change
0.5 MKR$1,500.33$1,290.46
+16.29%
1 MKR$3,000.66$2,580.91
+16.29%
5 MKR$15,003.29$12,904.56
+16.29%
10 MKR$30,006.58$25,809.12
+16.29%
50 MKR$150,032.92$129,045.58
+16.29%
100 MKR$300,065.84$258,091.16
+16.29%
500 MKR$1,500,329.2$1,290,455.8
+16.29%
1000 MKR$3,000,658.4$2,580,911.6
+16.29%

Today vs. 1 month ago

Amount21:24 today1 month ago1M change
0.5 MKR$1,500.33$1,352.51
+10.95%
1 MKR$3,000.66$2,705.02
+10.95%
5 MKR$15,003.29$13,525.12
+10.95%
10 MKR$30,006.58$27,050.25
+10.95%
50 MKR$150,032.92$135,251.23
+10.95%
100 MKR$300,065.84$270,502.47
+10.95%
500 MKR$1,500,329.2$1,352,512.35
+10.95%
1000 MKR$3,000,658.4$2,705,024.7
+10.95%

Today vs. 1 year ago

Amount21:24 today1 year ago1Y change
0.5 MKR$1,500.33$386.23
+290.26%
1 MKR$3,000.66$772.46
+290.26%
5 MKR$15,003.29$3,862.28
+290.26%
10 MKR$30,006.58$7,724.56
+290.26%
50 MKR$150,032.92$38,622.8
+290.26%
100 MKR$300,065.84$77,245.6
+290.26%
500 MKR$1,500,329.2$386,228.03
+290.26%
1000 MKR$3,000,658.4$772,456.05
+290.26%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.