Historic Convertible Mark Burundian Franc

Convertible Mark burundian franc history for November 2023. The highest quote for this month is 1582.16 (29/11/2023) and the lowest 1638.8 (30/11/2023). The difference between high and low is -3.58.

BAM BIF average rate for November 2023 is 1561.18684, the change between 01/11/2023 and 30/11/2023 is -2.8 %.

06 November 20231 BAM = 1527.60 BIF
07 November 20231 BAM = 1541.82 BIF
08 November 20231 BAM = 1543.51 BIF
09 November 20231 BAM = 1537.96 BIF
10 November 20231 BAM = 1539.76 BIF
13 November 20231 BAM = 1532.52 BIF
14 November 20231 BAM = 1570.17 BIF
15 November 20231 BAM = 1564.87 BIF
16 November 20231 BAM = 1565.36 BIF
17 November 20231 BAM = 1574.02 BIF
20 November 20231 BAM = 1566.36 BIF
21 November 20231 BAM = 1575.11 BIF
22 November 20231 BAM = 1570.26 BIF
23 November 20231 BAM = 1567.22 BIF
24 November 20231 BAM = 1574.83 BIF
27 November 20231 BAM = 1570.45 BIF
28 November 20231 BAM = 1585.56 BIF
29 November 20231 BAM = 1584.82 BIF
30 November 20231 BAM = 1570.35 BIF

01/11/2019: 25th Anniversary of the Convertible Mark

Bosnia and Herzegovina celebrated the 25th anniversary of the introduction of the Convertible Mark as its national currency.

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.

15/08/2017: New Banknote Denominations

New banknote denominations of 200 BAM and 1,000 BAM were introduced to facilitate transactions and enhance the efficiency of cash handling.

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.

09/03/2010: New Polymer Banknotes

The Central Bank of Bosnia and Herzegovina introduced polymer banknotes to replace the paper banknotes, increasing durability and security.

30/06/2003: Second Currency Revaluation

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

28/02/2002: Replacement of Deutsche Mark with Euro

The Deutsche Mark was replaced by the euro as the main reference currency for the Convertible Mark's fixed exchange rate.

02/07/1998: Issuance of New Banknote Series

A new series of banknotes was issued, featuring updated designs and enhanced security features.

01/07/1997: Currency Board Arrangement

A Currency Board Arrangement was established to maintain a fixed exchange rate between the Convertible Mark and the Deutsche Mark.

22/06/1995: Introduction of the Convertible Mark

The Convertible Mark was introduced as the official currency of Bosnia and Herzegovina, replacing the Yugoslav dinar.

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.

30/06/1960: Independence from Belgium

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