Historic Malaysian ringgit Burundian Franc

Malaysian ringgit burundian franc history for October 2023. The highest quote for this month is 600.79 (01/10/2023) and the lowest 600.79 (01/10/2023). The difference between high and low is 0.

MYR BIF average rate for October 2023 is 587.99923, the change between 01/10/2023 and 31/10/2023 is +1.35 %.

01 October 20231 MYR = 600.8 BIF
02 October 20231 MYR = 599.8 BIF
03 October 20231 MYR = 597.7 BIF
04 October 20231 MYR = 596.8 BIF
05 October 20231 MYR = 599.1 BIF
06 October 20231 MYR = 592.3 BIF
07 October 20231 MYR = 598.7 BIF
09 October 20231 MYR = 593.8 BIF
10 October 20231 MYR = 593.4 BIF
11 October 20231 MYR = 597.2 BIF
12 October 20231 MYR = 598.2 BIF
13 October 20231 MYR = 598.7 BIF
16 October 20231 MYR = 595.0 BIF
17 October 20231 MYR = 596.4 BIF
18 October 20231 MYR = 595.9 BIF
19 October 20231 MYR = 592.9 BIF
20 October 20231 MYR = 592.1 BIF
21 October 20231 MYR = 592.4 BIF
22 October 20231 MYR = 592.4 BIF
23 October 20231 MYR = 589.0 BIF
24 October 20231 MYR = 592.4 BIF
25 October 20231 MYR = 422.1 BIF
26 October 20231 MYR = 590.5 BIF
27 October 20231 MYR = 590.1 BIF
30 October 20231 MYR = 587.6 BIF
31 October 20231 MYR = 592.7 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.