We check the profitability of a deposit in BYN from May 1, 2024 at 13.5% per annum

We check the profitability of a deposit in BYN from May 1, 2024 at 13.5% per annum
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We chose the most favorable interest rate for January 1, 2024 and decided to place a deposit. For this period, we have found the opportunity to place a deposit in BYN at 13.5% per annum for a period of 13 months.

General information:

  • Deposit type:  Irrevocable
  • Initial amount:  1000  BYN
  • Deposit term:  13  months
  • Interest rate:  13.5
  • Current percentage (USD ):  0.97% (interest on deposit calculated in USD)
  • Income (USD):  $2.97
  • Projected Revenue ($):  378.3%

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

 

# date Balance (BYN) Balance (USD) Well Change (BYN) Change (%) Real. (%) Parish (BYN) Income ($)
1 05/01/24 1000 307.30 3.25       0 0.00
2 06/01/24 1011.47 310.27 ~3.26 0.010 0.310 0.815 11.47 3.52
3 01.07.24 1022.69           11.22  
4 01.08.24 1034.42           11.73  
5 01.09.24 1046.28           11.86  
6 01.10.24 1057.89           11.61  
7 01.11.24 1070.02           12.13  
8 01.12.24 1081.89           11.87  
9 01.01.25 1094.29           12.4  
10 01.02.25 1106.84           12.55  
eleven 01.03.25 1118.3           11.46  
12 04/01/25 1131.12           12.82  
13 01.05.25 1143.67           12.55  
14 06/01/25 1156.78           13.11