A year before the collapse of the great and powerful Union of Soviet Socialist Republics , the governing bodies of each country that is part of this coalition adopted declarations declaring the sovereignty of their territories. Some Supreme Councils even declared complete independence. The Belarusian Soviet Socialist Republic also belongs to the first category of countries.
Former member of the USSR
At that time (1990), she was the smallest member of the USSR. Today, this state is known in the world as the Republic of Belarus. Unchanged in size, she completely changed her appearance. Located at a distance of less than a thousand kilometers from Moscow, Belarus is an example of a well-groomed European country with a developed social sphere and a strong power apparatus. It is called "little Switzerland." And this is by no means in a financial sense: modern Belarusian rubles - the currency is unstable and subject to strong inflation.
In the twenty-three years after the collapse of the USSR , a huge number of events took place that influenced the development of the country and the lives of its citizens. Under the influence of big changes was also the state currency - Belarusian rubles.
Background and appearance of the banknote
Coins and paper notes were circulated on the territory of the USSR . In 1990, Belarus declared its sovereignty. Until full independence was announced, coupons were distributed in the republic, which lost their force after the state was completely separated from the USSR and Russia.
In 1992, the National Bank of the country issued the first Belarusian rubles, which were “related” to Soviet and then Russian rubles. Cash tickets were used as an additional means of payment for goods and services. On the first bills various animals were reflected: squirrel, lynx, elk, etc. A hare was depicted on a one-ruble banknote - thanks to this fact, since then, Belarusian rubles have been called “bunnies”.
The growth of zeros in rubles
The weak economic situation, the lack of gold and foreign exchange reserves, oil and gas reserves played a bad role - inflation was growing rapidly. If back in 1992, the largest bill in everyday life was 500 rubles, then the next year the National Bank issued banknotes in denominations of 1,000 and 5,000 rubles.
Now on the canvas of cash tickets there were architectural and historical monuments : the Brest Fortress, the Bolshoi Theater and others. The nominal value also coincided with the size and value of the buildings: Belarusian rubles galloping at a pace.
Since 1996, almost every citizen of the country has received wages in the hundreds of thousands. And three years later, the "bunnies" jumped the millionth mark. The result of an endless increase in the nominal value of payment tickets was a denomination: in 2000, every banknote of the country “lost” three zeros.
Bank notes issued that year are legal tender until now. Exceptions are denominations of 1 Belarusian ruble and 5 five rubles. However, inflation continues, and at the moment, citizens of the country have in their hands copies of 100 and 200 thousand.
In relation to foreign currencies, the Belarusian ruble exchange rate today also cannot boast of stability. For one dollar, the country's banks offer about 9600 rubles.