Burundian Franc ugandan shilling exchange rate history (BIF UGX) August 2023

Burundian Franc ugandan shilling history for August 2023. The highest quote for this month is 1.3287 (27/08/2023) and the lowest 1.3261 (19/08/2023). The difference between high and low is 0.2.

BIF UGX average rate for August 2023 is 1.30239, the change between 01/08/2023 and 31/08/2023 is -2.92 %.

01 August 2023	1 BIF = 1.275 UGX
02 August 2023	1 BIF = 1.278 UGX
03 August 2023	1 BIF = 1.277 UGX
04 August 2023	1 BIF = 1.270 UGX
07 August 2023	1 BIF = 1.271 UGX
08 August 2023	1 BIF = 1.277 UGX
09 August 2023	1 BIF = 1.275 UGX
10 August 2023	1 BIF = 1.287 UGX
11 August 2023	1 BIF = 1.314 UGX
12 August 2023	1 BIF = 1.326 UGX
14 August 2023	1 BIF = 1.313 UGX
15 August 2023	1 BIF = 1.308 UGX
16 August 2023	1 BIF = 1.315 UGX
17 August 2023	1 BIF = 1.313 UGX
18 August 2023	1 BIF = 1.314 UGX
19 August 2023	1 BIF = 1.326 UGX
20 August 2023	1 BIF = 1.326 UGX
21 August 2023	1 BIF = 1.315 UGX
22 August 2023	1 BIF = 1.309 UGX
23 August 2023	1 BIF = 1.311 UGX
24 August 2023	1 BIF = 1.309 UGX
25 August 2023	1 BIF = 1.304 UGX
27 August 2023	1 BIF = 1.320 UGX
28 August 2023	1 BIF = 1.300 UGX
29 August 2023	1 BIF = 1.307 UGX
30 August 2023	1 BIF = 1.313 UGX
31 August 2023	1 BIF = 1.312 UGX

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

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.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

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.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

30/06/2003: Second Currency Revaluation

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

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

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.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

22/09/1985: First Currency Revaluation

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

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.

30/06/1960: Independence from Belgium

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

Historic Burundian Franc Ugandan Shilling