Historic Burundian Franc Cuban peso

Burundian Franc cuban peso history for December 2023. The highest quote for this month is 0.008505 (01/12/2023) and the lowest 0.011827 (06/12/2023). The difference between high and low is -39.06.

BIF CUP average rate for December 2023 is 0.00848, the change between 01/12/2023 and 31/12/2023 is -0.28 %.

01 December 20231 BIF = 0.0085 CUP
02 December 20231 BIF = 0.0085 CUP
03 December 20231 BIF = 0.0085 CUP
04 December 20231 BIF = 0.0085 CUP
05 December 20231 BIF = 0.0085 CUP
06 December 20231 BIF = 0.0085 CUP
07 December 20231 BIF = 0.0085 CUP
08 December 20231 BIF = 0.0085 CUP
10 December 20231 BIF = 0.0085 CUP
11 December 20231 BIF = 0.0085 CUP
12 December 20231 BIF = 0.0085 CUP
13 December 20231 BIF = 0.0085 CUP
14 December 20231 BIF = 0.0085 CUP
15 December 20231 BIF = 0.0085 CUP
16 December 20231 BIF = 0.0085 CUP
17 December 20231 BIF = 0.0085 CUP
18 December 20231 BIF = 0.0085 CUP
19 December 20231 BIF = 0.0085 CUP
20 December 20231 BIF = 0.0085 CUP
21 December 20231 BIF = 0.0085 CUP
22 December 20231 BIF = 0.0085 CUP
23 December 20231 BIF = 0.0085 CUP
24 December 20231 BIF = 0.0085 CUP
25 December 20231 BIF = 0.0085 CUP
26 December 20231 BIF = 0.0085 CUP
27 December 20231 BIF = 0.0085 CUP
28 December 20231 BIF = 0.0085 CUP
29 December 20231 BIF = 0.0085 CUP

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

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.

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

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.

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

30/06/2003: Second Currency Revaluation

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

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.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

30/06/1960: Independence from Belgium

Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.
BIF CUP July 2023
BIF CUP August 2023
BIF CUP September 2023
BIF CUP October 2023
BIF CUP November 2023
BIF CUP December 2023
BIF CUP January 2024
BIF CUP February 2024
BIF CUP March 2024
BIF CUP April 2024
BIF CUP May 2024
BIF CUP June 2024
BIF CUP July 2024