Australian dollar burundian franc exchange rate history (AUD BIF) October 2023

Australian dollar burundian franc history for October 2023. The highest quote for this month is 1813.6 (01/10/2023) and the lowest 1815.5 (02/10/2023). The difference between high and low is -0.1.

AUD BIF average rate for October 2023 is 1770.96885, the change between 01/10/2023 and 31/10/2023 is +0.95 %.

01 October 2023	1 AUD = 1814.42 BIF
02 October 2023	1 AUD = 1811.89 BIF
03 October 2023	1 AUD = 1793.01 BIF
04 October 2023	1 AUD = 1777.85 BIF
05 October 2023	1 AUD = 1793.00 BIF
06 October 2023	1 AUD = 1782.97 BIF
07 October 2023	1 AUD = 1800.88 BIF
09 October 2023	1 AUD = 1782.36 BIF
10 October 2023	1 AUD = 1802.15 BIF
11 October 2023	1 AUD = 1814.88 BIF
12 October 2023	1 AUD = 1810.55 BIF
13 October 2023	1 AUD = 1781.34 BIF
16 October 2023	1 AUD = 1775.10 BIF
17 October 2023	1 AUD = 1789.16 BIF
18 October 2023	1 AUD = 1794.92 BIF
19 October 2023	1 AUD = 1780.26 BIF
20 October 2023	1 AUD = 1784.21 BIF
21 October 2023	1 AUD = 1783.18 BIF
22 October 2023	1 AUD = 1783.52 BIF
23 October 2023	1 AUD = 1773.85 BIF
24 October 2023	1 AUD = 1788.85 BIF
25 October 2023	1 AUD = 1285.56 BIF
26 October 2023	1 AUD = 1776.38 BIF
27 October 2023	1 AUD = 1788.65 BIF
30 October 2023	1 AUD = 1778.99 BIF
31 October 2023	1 AUD = 1797.26 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.

Historic Australian dollar Burundian Franc