Historic Australian dollar Burundian Franc

Australian dollar burundian franc history for August 2023. The highest quote for this month is 1859.45 (01/08/2023) and the lowest 1887.55 (01/08/2023). The difference between high and low is -1.51.

AUD BIF average rate for August 2023 is 1822.4456, the change between 01/08/2023 and 31/08/2023 is +3.49 %.

01 August 20231 AUD = 1884.07 BIF
02 August 20231 AUD = 1857.91 BIF
03 August 20231 AUD = 1839.33 BIF
04 August 20231 AUD = 1840.42 BIF
07 August 20231 AUD = 1833.54 BIF
08 August 20231 AUD = 1838.27 BIF
09 August 20231 AUD = 1833.44 BIF
10 August 20231 AUD = 1835.73 BIF
11 August 20231 AUD = 1828.94 BIF
12 August 20231 AUD = 1828.00 BIF
14 August 20231 AUD = 1831.59 BIF
15 August 20231 AUD = 1823.24 BIF
16 August 20231 AUD = 1811.44 BIF
17 August 20231 AUD = 1802.53 BIF
18 August 20231 AUD = 1799.05 BIF
20 August 20231 AUD = 1801.88 BIF
21 August 20231 AUD = 1797.34 BIF
22 August 20231 AUD = 1805.56 BIF
23 August 20231 AUD = 1806.27 BIF
24 August 20231 AUD = 1817.80 BIF
25 August 20231 AUD = 1804.25 BIF
28 August 20231 AUD = 1804.39 BIF
29 August 20231 AUD = 1802.40 BIF
30 August 20231 AUD = 1815.51 BIF
31 August 20231 AUD = 1818.24 BIF

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

29/06/2018: East African Community Currency Integration

Burundi joins the East African Community (EAC) currency integration, paving the way for a future unified currency within the region.

17/10/2011: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs are introduced in denominations of 500, 1000, 2000, 5000, and 10,000 Francs.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

30/06/2003: Second Currency Revaluation

The Burundian Franc undergoes another significant devaluation as part of the second currency revaluation program.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

30/04/1995: Printing of Banknotes

The first locally printed banknotes, issued in denominations of 10, 20, 50, 100, 500, 1000, and 5000 Francs, are circulated.

20/10/1990: Introduction of New Coins

New coins are introduced in denominations of 1, 5, 10, 50, and 100 Francs.

22/09/1985: First Currency Revaluation

The Burundian Franc is significantly devalued as part of a currency revaluation program.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

30/06/1960: Independence from Belgium

Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.
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