The denomination of the Belarusian ruble will be held from 1 July 2016

The denomination of the Belarusian ruble will be held from 1 July 2016


The new Belarusian ruble will still equal 10 thousand. Exchange of banknotes will be carried out without restriction and without payment of remuneration from 2017 to 2019.

MINSK, 4 Nov. The denomination of the Belarusian ruble will be held from 1 July 2016, according to the press service of the President of Belarus.

“The President of Belarus signed decree number 450 of “About carrying out the denomination’s official monetary unit of the Republic of Belarus”. The document stipulates to conduct from 1 July 2016 the official denomination of the monetary unit of the Republic of Belarus and to hold the replacement until 31 December 2016 circulating banknotes of 2000″, — stated in the message.

The decree stipulates that 1 Belarusian ruble sample in 2009 is equal to 100 cents to the Belarusian sample in 2009. Explained that notes samples 2000 will be replaced by banknotes 2009: 10 thousand Belarusian rubles old model it will be possible to get one rouble of the new sample.

From 1 July to 31 December 2016 banknotes samples 2000 and 2009 will be in parallel circulation and to be accepted. In accordance with the decree, commemorative banknotes released into circulation by the National Bank in 2000, from 1 July 2016 subject to receiving all kinds of payments without restrictions in the ratio shown above. Commemorative and bullion (investment) coins issued into circulation by the national Bank, subject to reception at face value at all kinds of payments without restrictions.

Exchange of banknotes will be carried out without restriction and without payment of remuneration from 1 January 2017 to 31 December 2019 at the National Bank, banks and non-Bank credit and financial organizations of the Republic of Belarus, from 1 January 2020-31 December 2021 — at the National Bank.

From 1 July to 31 December 2016, manufacturers, sellers, suppliers, performers and their representatives when providing consumers with information about proposed goods (works, services) are required to specify the prices (tariffs) in banknotes of 2000 and 2009.

The national Bank is mandated to ensure the release into circulation of banknotes of the sample of 2009 and the withdrawal from circulation of banknotes of a sample of 2000 subject to the provisions of the decree.