Historic Brazilian Real Burundian Franc

Brazilian Real burundian franc history for December 2023. The highest quote for this month is 585.59 (27/12/2023) and the lowest 589.48 (28/12/2023). The difference between high and low is -0.66.

BRL BIF average rate for December 2023 is 577.59679, the change between 01/12/2023 and 31/12/2023 is -1.72 %.

01 December 20231 BRL = 573.8 BIF
02 December 20231 BRL = 580.7 BIF
03 December 20231 BRL = 579.7 BIF
04 December 20231 BRL = 575.4 BIF
05 December 20231 BRL = 571.5 BIF
06 December 20231 BRL = 573.3 BIF
07 December 20231 BRL = 575.9 BIF
08 December 20231 BRL = 576.2 BIF
10 December 20231 BRL = 574.5 BIF
11 December 20231 BRL = 577.1 BIF
12 December 20231 BRL = 573.1 BIF
13 December 20231 BRL = 568.0 BIF
14 December 20231 BRL = 573.4 BIF
15 December 20231 BRL = 575.8 BIF
16 December 20231 BRL = 573.0 BIF
17 December 20231 BRL = 573.0 BIF
18 December 20231 BRL = 576.5 BIF
19 December 20231 BRL = 577.6 BIF
20 December 20231 BRL = 581.7 BIF
21 December 20231 BRL = 575.8 BIF
22 December 20231 BRL = 579.9 BIF
23 December 20231 BRL = 583.7 BIF
24 December 20231 BRL = 583.9 BIF
25 December 20231 BRL = 580.2 BIF
26 December 20231 BRL = 580.6 BIF
27 December 20231 BRL = 588.1 BIF
28 December 20231 BRL = 586.4 BIF
29 December 20231 BRL = 583.7 BIF

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

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.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

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.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

30/06/2003: Second Currency Revaluation

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

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

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.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.