On September 1, 2025, we found the most profitable deposit at 15.29% per annum and opened a deposit of 1000 BYN for 18 months. Let's evaluate the effectiveness of the deposit

We chose the most favorable interest rate for July 1, 2025 and decided to place a deposit. For this period, we found an opportunity to place a deposit inBYN at  15.29%  per annum for a period of 18 months.

General information:

• Deposit type:  Irrevocable
• Initial amount:  1000  BYN
• USD exchange rate at the beginning of the deposit: 2.9731 BYN
• Initial amount in USD: $336.35
• Current (Today) amount in USD: $336.35
• Current (calculated) USD rate :  2.9731 BYN
• Change of course: 
  +0.00 %
• Deposit term:  18  months
• Deposit term (days):  546
• Days passed:  0
• Interest rate:  15.29%
• Interest rate with capitalization (BYN):  25.52%
• Current interest (USD):  25.52%  (interest on deposit calculated in USD)
• Income (BYN) at the moment: 0.00 BYN
• Current income (USD): $0.00
• Current income (USD) taking into account the exchange rate change:
  +0.00 $
• Income (USD) (Total):  $85.83
• Estimated Revenue ($): 
  +25.52%

Below we have placed a summary table with detailed information about the details of the contribution:

Scenario ① · No capitalization (simple interest)

Formula: Income = P × r × t

This method is convenient for a head-on assessment, but it underestimates the benefit if the bank actually capitalizes interest more often than once every 18 months.

Scenario ② · Monthly capitalization (compound interest)

Formula: S = P × (1 + r/12)12×t

With capitalization, the result is 26.61 BYN higher compared to the scheme without capitalization.

Effective Annual Rate (EAR)

With monthly compounding, the effective annual rate is calculated as: EAR = (1 + r/12)12 − 1

Key findings

• Without capitalization: you will receive approximately 1,229.35 BYN (income 229.35 BYN).
• With monthly capitalization: get approximately 1,255.96 BYN (income 255.96 BYN).
• The difference between the scenarios is about 26 BYN in favor of capitalization over 18 months.
• The effective annual yield with monthly capitalization is approximately 16.41% per annum .

What can change the outcome?

• Payment schedule: if interest is paid monthly to the card (without adding to the deposit), the result will be closer to the scenario without capitalization.
• Taxes/fees: Possible income taxes on interest income and bank fees reduce net returns.
• Early termination: usually results in a reduced rate or loss of some interest.
• Bank rounding: Monthly rounding may slightly change the final penny amount.

The calculations provided demonstrate the principles and exact figures at a rate of 15.29% per annum and a term of 18 months. For the final assessment, use the actual conditions of your bank: capitalization frequency, tax regime, fees andEarly termination rules .