The New Belarusian Ruble (BYN) is the official currency of Belarus, introduced in 2016. It replaced the old Belarusian ruble (BYR) at a rate of 1 BYN to 10,000 BYR. The National Bank of the Republic of Belarus manages the currency. Economic policies, inflation rates, and trade impact the ruble's value. The BYN uses coins and banknotes for daily transactions.