Historic Burundian Franc Australian dollar

Burundian Franc australian dollar history for December 2023. The highest quote for this month is 0.000542 (07/12/2023) and the lowest 0.000747 (06/12/2023). The difference between high and low is -37.82.

BIF AUD average rate for December 2023 is 0.00053, the change between 01/12/2023 and 31/12/2023 is +3.54 %.

01 December 20231 BIF = 0.0005 AUD
02 December 20231 BIF = 0.0005 AUD
03 December 20231 BIF = 0.0005 AUD
04 December 20231 BIF = 0.0005 AUD
05 December 20231 BIF = 0.0005 AUD
06 December 20231 BIF = 0.0005 AUD
07 December 20231 BIF = 0.0005 AUD
08 December 20231 BIF = 0.0005 AUD
10 December 20231 BIF = 0.0005 AUD
11 December 20231 BIF = 0.0005 AUD
12 December 20231 BIF = 0.0005 AUD
13 December 20231 BIF = 0.0005 AUD
14 December 20231 BIF = 0.0005 AUD
15 December 20231 BIF = 0.0005 AUD
16 December 20231 BIF = 0.0005 AUD
17 December 20231 BIF = 0.0005 AUD
18 December 20231 BIF = 0.0005 AUD
19 December 20231 BIF = 0.0005 AUD
20 December 20231 BIF = 0.0005 AUD
21 December 20231 BIF = 0.0005 AUD
22 December 20231 BIF = 0.0005 AUD
23 December 20231 BIF = 0.0005 AUD
24 December 20231 BIF = 0.0005 AUD
25 December 20231 BIF = 0.0005 AUD
26 December 20231 BIF = 0.0005 AUD
27 December 20231 BIF = 0.0005 AUD
28 December 20231 BIF = 0.0005 AUD
29 December 20231 BIF = 0.0005 AUD

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.
BIF AUD July 2023
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