Burundian Franc new zealand dollar exchange rate history (BIF NZD) August 2023

Burundian Franc new zealand dollar history for August 2023. The highest quote for this month is 0.000606 (29/08/2023) and the lowest 0.000602 (28/08/2023). The difference between high and low is 0.66.

BIF NZD average rate for August 2023 is 0.00059, the change between 01/08/2023 and 31/08/2023 is -4.17 %.

01 August 2023	1 BIF = 0.0006 NZD
02 August 2023	1 BIF = 0.0006 NZD
03 August 2023	1 BIF = 0.0006 NZD
04 August 2023	1 BIF = 0.0006 NZD
07 August 2023	1 BIF = 0.0006 NZD
08 August 2023	1 BIF = 0.0006 NZD
09 August 2023	1 BIF = 0.0006 NZD
10 August 2023	1 BIF = 0.0006 NZD
11 August 2023	1 BIF = 0.0006 NZD
12 August 2023	1 BIF = 0.0006 NZD
14 August 2023	1 BIF = 0.0006 NZD
15 August 2023	1 BIF = 0.0006 NZD
16 August 2023	1 BIF = 0.0006 NZD
17 August 2023	1 BIF = 0.0006 NZD
18 August 2023	1 BIF = 0.0006 NZD
20 August 2023	1 BIF = 0.0006 NZD
21 August 2023	1 BIF = 0.0006 NZD
22 August 2023	1 BIF = 0.0006 NZD
23 August 2023	1 BIF = 0.0006 NZD
24 August 2023	1 BIF = 0.0006 NZD
25 August 2023	1 BIF = 0.0006 NZD
28 August 2023	1 BIF = 0.0006 NZD
29 August 2023	1 BIF = 0.0006 NZD
30 August 2023	1 BIF = 0.0006 NZD
31 August 2023	1 BIF = 0.0006 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

20/10/1990: Introduction of New Coins

New coins are introduced in denominations of 1, 5, 10, 50, and 100 Francs.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

22/09/1985: First Currency Revaluation

The Burundian Franc is significantly devalued as part of a currency revaluation program.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

30/06/1960: Independence from Belgium

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

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

Historic Burundian Franc New Zealand Dollar