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

We check the profitability of a deposit in BYN from January 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 : 1.03%
  • Projected return ($): 3.79%

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

 

# date Balance (BYN) Balance (USD) Well Parish (BYN) Income ($)
1 01/01/2024 1000 314.71 3.1775 0 0.00
2 02/01/2024 1011.47 317.45 3.1862 11.47 3.60
3 03/01/2024 1022.32 317.66 3.2179 10.85 3.37
4 04/01/2024 1034.04 317.82 3.2523 11.72 3.60
5 05/01/2024 1045.51     11.47  
6 06/01/2024 1057.5     11.99  
7 07/01/2024 1069.23     11.73  
8 08/01/2024 1081.49     12.26  
9 09/01/2024 1093.89     12.4  
10 01.10.2024 1106.03     12.14  
eleven 01.11.2024 1118.71     12.68  
12 01.12.2024 1131.12     12.41  
13 01/01/2025 1144.09     12.97  
14 02/01/2025 1157.21     13.12