Historic Malaysian ringgit Burundian Franc

Malaysian ringgit burundian franc history for August 2023. The highest quote for this month is 621.67 (01/08/2023) and the lowest 623.27 (01/08/2023). The difference between high and low is -0.26.

MYR BIF average rate for August 2023 is 609.62462, the change between 01/08/2023 and 31/08/2023 is +2.31 %.

01 August 20231 MYR = 619.5 BIF
02 August 20231 MYR = 621.2 BIF
03 August 20231 MYR = 617.0 BIF
04 August 20231 MYR = 617.6 BIF
07 August 20231 MYR = 612.7 BIF
08 August 20231 MYR = 613.8 BIF
09 August 20231 MYR = 612.9 BIF
10 August 20231 MYR = 614.7 BIF
11 August 20231 MYR = 614.6 BIF
12 August 20231 MYR = 613.3 BIF
14 August 20231 MYR = 615.1 BIF
15 August 20231 MYR = 608.6 BIF
16 August 20231 MYR = 605.4 BIF
17 August 20231 MYR = 607.3 BIF
18 August 20231 MYR = 603.9 BIF
19 August 20231 MYR = 605.5 BIF
20 August 20231 MYR = 605.5 BIF
21 August 20231 MYR = 603.2 BIF
22 August 20231 MYR = 605.8 BIF
23 August 20231 MYR = 604.8 BIF
24 August 20231 MYR = 603.8 BIF
25 August 20231 MYR = 605.9 BIF
28 August 20231 MYR = 606.4 BIF
29 August 20231 MYR = 602.7 BIF
30 August 20231 MYR = 603.7 BIF
31 August 20231 MYR = 605.2 BIF

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

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.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

30/06/2003: Second Currency Revaluation

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

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

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.

22/09/1985: First Currency Revaluation

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

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

30/06/1960: Independence from Belgium

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