Currency Depreciation: The Value of the U.S. Dollar Is Decreasing
In the financial landscape of August 2025, the dollar experienced some changes in its exchange rate against the Belarusian Ruble (BYR).
On August 14, 2025, the dollar was traded on the market at a rate of 2.9749 rubles, marking a 0.0199 rubles (-0.66%) decrease since the beginning of the month. Over the past 7 days, the dollar fell by 0.0321 rubles (-1.07%), representing a 0.1% depreciation on that specific day. As of the current exchange rate, 1 dollar is equal to 80.2 Russian rubles.
The National Bank of the Republic of Belarus (NBRB) sets the official exchange rates, and these rates are closely followed by Belarusian banks, including those in Minsk. Although the rates may vary slightly, they generally align with the NBRB's official figures. For instance, as of mid-August 2025, the official USD to BYR rate is approximately 33,438 BYR according to XE mid-market rates.
To access the NBRB's official exchange rates, including historical data, one can visit the official NBRB website and search for the exchange rate archive. Alternatively, financial information providers like XE.com maintain currency tables and historical data for USD to BYR.
It is worth noting that the USD to Belarusian New Ruble (BYN) rate, a different Belarusian Ruble issue, was adjusted slightly by the NBRB in July 2025, to about 2.9189 BYN.
For detailed information on dollar exchange rates in banks in Minsk and other cities in Belarus, one can refer to resources like Myfin. However, it is essential to check local rates or bank websites as these rates may not be fully standardized in public data.
Regarding the euro, 1 euro is currently worth 1.1695 dollars.
For those seeking historical official rates for any date, the NBRB's official website's exchange rate archive is the primary source. Reputable currency data sites like XE.com also provide mid-market approximations.
No specific information about the reasons for the dollar depreciation, government interventions, economic policies, or market dynamics related to other currencies was provided. Furthermore, the impact of the dollar depreciation on other markets or economies was not detailed in the available data.
In the realm of personal finance, smart investors might find opportunities in the fluctuating exchange rate of the dollar against the Belarusian Ruble (BYR). Analyzing the investing landscape, one could consider the potential gains from this trend, given the decrease in the dollar's value against the BYR over the past 7 days. On a more personal level, an individual considering a trip to Belarus might find current exchange rates beneficial due to the slight depreciation of the dollar against the BYR.
