Historic Jamaican Dollar Burundian Franc

Jamaican Dollar burundian franc history for August 2023. The highest quote for this month is 18.447 (24/08/2023) and the lowest 18.388 (21/08/2023). The difference between high and low is 0.32.

JMD BIF average rate for August 2023 is 18.34773, the change between 01/08/2023 and 31/08/2023 is -0.05 %.

01 August 20231 JMD = 18.33 BIF
02 August 20231 JMD = 18.36 BIF
03 August 20231 JMD = 18.24 BIF
04 August 20231 JMD = 18.33 BIF
07 August 20231 JMD = 18.35 BIF
08 August 20231 JMD = 18.30 BIF
09 August 20231 JMD = 18.37 BIF
10 August 20231 JMD = 18.38 BIF
11 August 20231 JMD = 18.37 BIF
12 August 20231 JMD = 18.31 BIF
14 August 20231 JMD = 18.37 BIF
15 August 20231 JMD = 18.38 BIF
16 August 20231 JMD = 18.36 BIF
17 August 20231 JMD = 18.32 BIF
18 August 20231 JMD = 18.31 BIF
19 August 20231 JMD = 18.36 BIF
20 August 20231 JMD = 18.36 BIF
21 August 20231 JMD = 18.39 BIF
22 August 20231 JMD = 18.42 BIF
23 August 20231 JMD = 18.36 BIF
24 August 20231 JMD = 18.32 BIF
25 August 20231 JMD = 18.47 BIF
28 August 20231 JMD = 18.34 BIF
29 August 20231 JMD = 18.31 BIF
30 August 20231 JMD = 18.34 BIF
31 August 20231 JMD = 18.33 BIF

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.

16/03/2015: Bank of Jamaica Act

The Bank of Jamaica Act was passed, granting the central bank greater autonomy in executing monetary policy and promoting financial stability.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

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.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

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.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

25/03/1991: JMD devaluation

Due to economic pressures, the Jamaican Dollar was devalued by 33.3%, leading to an increase in the exchange rate.

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.

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.

30/06/1960: Independence from Belgium

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