Currency fluctuations observed: Dollar decreases somewhat, Euro declines, Russian Ruble ascends, Yuan diminishes in value.
Belarusian Money Matters
BVB Exchange Rates* USD rate - 3.0326,* EUR rate - 3.447,* Russian ruble rate (100 RUB) - 3.6592.
Let's delve into the latest currency trading on the Belarusian market! On May 5, 2025, the followings happened:
- USD against the Belarusian ruble (BYN): The day started with an opening rate of 3.0405 BYN, hitting a low of 3.028 BYN and peaked at 3.0405 before closing at 3.0327 BYN per 1 USD. This implies a decrease of -0.26% for the day. During the last seven days, the USD weakened by 0.0186 rubles (0.61%), and over the past month, it weakened by 0.0967 rubles or 3.09%.
- EUR against the BYN: The average exchange rate increased against the ruble by -0.0458 (%), ending the day at 3.445 BYN. Over the past seven days and the last month, the EUR remained unchanged and stronger, respectively, by 0.0366 rubles or 1.07%.
- Russian ruble (RUB) against the Belarusian ruble: The RUB appreciated slightly, with a closing fixing of 3.6674 for 100 RUB. Over the past seven days, the Russian ruble strengthened by 0.0121 rubles (0.33%), and for the last month, it weakened by 0.005 rubles (0.14%).
- Chinese yuan (CNY) against the BYN: The yuan weakened by 0.0033 rubles (0.08%), leading to a rate of 4.1729 for 10 CNY. Over the last week, the yuan weakened by 0.0115 rubles (0.27%), while during the last month, it fell by 0.0519 rubles (1.23%).
!*Note: It's essential to remember that these are approximate rates and may vary within a small range as they are constantly updated.
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For the most accurate and up-to-date information on Belarusian Currency and Stock Exchange trades, head over to Myfin!
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Insights: Why are these exchange rates crucial to keep track of? Well, for one, understanding currency movements can help determine the buying power of other countries' currencies and provide crucial data for international investments and export decisions. Stay informed and stay ahead of the game!
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- The Chinese yuan (CNY) was trading against the Belarusian ruble (BYN) at an average rate of 4.1729 BYN per 10 CNY, showing a decrease of 0.08% in the yuan's value.
- In the finance and business industry, keeping track of exchange rates, such as the one between the Chinese yuan and Belarusian ruble, is important for international investments and export decisions, as they can help determine the buying power of other countries' currencies.
- On May 5, 2025, the trading volume in CNY against BYN reached 183,105,000, according to the Belarusian Currency and Stock Exchange.
- It's interesting to note that the Chinese yuan is one of the currencies actively traded against the Belarusian ruble, along with the USD, EUR, and Russian ruble (RUB).
