Historic Burundian Franc Indian Rupee

Burundian Franc indian rupee history for November 2023. The highest quote for this month is 0.029665 (02/11/2023) and the lowest 0.029873 (15/11/2023). The difference between high and low is -0.7.

BIF INR average rate for November 2023 is 0.02955, the change between 01/11/2023 and 30/11/2023 is -0.53 %.

01 November 20231 BIF = 0.0293 INR
02 November 20231 BIF = 0.0303 INR
03 November 20231 BIF = 0.0296 INR
06 November 20231 BIF = 0.0298 INR
07 November 20231 BIF = 0.0295 INR
08 November 20231 BIF = 0.0295 INR
09 November 20231 BIF = 0.0295 INR
10 November 20231 BIF = 0.0295 INR
12 November 20231 BIF = 0.0295 INR
13 November 20231 BIF = 0.0297 INR
14 November 20231 BIF = 0.0294 INR
15 November 20231 BIF = 0.0294 INR
16 November 20231 BIF = 0.0294 INR
17 November 20231 BIF = 0.0294 INR
18 November 20231 BIF = 0.0294 INR
19 November 20231 BIF = 0.0294 INR
20 November 20231 BIF = 0.0297 INR
21 November 20231 BIF = 0.0295 INR
22 November 20231 BIF = 0.0295 INR
23 November 20231 BIF = 0.0297 INR
24 November 20231 BIF = 0.0296 INR
26 November 20231 BIF = 0.0295 INR
27 November 20231 BIF = 0.0297 INR
28 November 20231 BIF = 0.0295 INR
29 November 20231 BIF = 0.0295 INR
30 November 20231 BIF = 0.0295 INR

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

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.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

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.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.