Historic Malaysian ringgit Burundian Franc

Malaysian ringgit burundian franc history for December 2023. The highest quote for this month is 614.84 (29/12/2023) and the lowest 617.29 (29/12/2023). The difference between high and low is -0.4.

MYR BIF average rate for December 2023 is 606.84964, the change between 01/12/2023 and 31/12/2023 is -1.35 %.

01 December 20231 MYR = 606.6 BIF
02 December 20231 MYR = 605.7 BIF
03 December 20231 MYR = 605.7 BIF
04 December 20231 MYR = 603.9 BIF
05 December 20231 MYR = 604.9 BIF
06 December 20231 MYR = 606.0 BIF
07 December 20231 MYR = 604.9 BIF
08 December 20231 MYR = 605.5 BIF
10 December 20231 MYR = 607.1 BIF
11 December 20231 MYR = 605.7 BIF
12 December 20231 MYR = 604.5 BIF
13 December 20231 MYR = 602.3 BIF
14 December 20231 MYR = 600.4 BIF
15 December 20231 MYR = 606.0 BIF
16 December 20231 MYR = 606.5 BIF
17 December 20231 MYR = 606.5 BIF
18 December 20231 MYR = 607.3 BIF
19 December 20231 MYR = 602.8 BIF
20 December 20231 MYR = 604.7 BIF
21 December 20231 MYR = 607.8 BIF
22 December 20231 MYR = 608.4 BIF
23 December 20231 MYR = 611.8 BIF
24 December 20231 MYR = 612.0 BIF
25 December 20231 MYR = 607.2 BIF
26 December 20231 MYR = 610.7 BIF
27 December 20231 MYR = 610.7 BIF
28 December 20231 MYR = 611.6 BIF
29 December 20231 MYR = 614.8 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.