Historic New Zealand Dollar Burundian Franc

New Zealand Dollar burundian franc history for August 2023. The highest quote for this month is 1727.54 (01/08/2023) and the lowest 1745.57 (01/08/2023). The difference between high and low is -1.04.

NZD BIF average rate for August 2023 is 1684.0648, the change between 01/08/2023 and 31/08/2023 is +4.01 %.

01 August 20231 NZD = 1740.47 BIF
02 August 20231 NZD = 1724.24 BIF
03 August 20231 NZD = 1710.43 BIF
04 August 20231 NZD = 1706.11 BIF
07 August 20231 NZD = 1701.44 BIF
08 August 20231 NZD = 1707.93 BIF
09 August 20231 NZD = 1700.12 BIF
10 August 20231 NZD = 1702.41 BIF
11 August 20231 NZD = 1688.76 BIF
12 August 20231 NZD = 1683.13 BIF
14 August 20231 NZD = 1687.54 BIF
15 August 20231 NZD = 1678.91 BIF
16 August 20231 NZD = 1671.05 BIF
17 August 20231 NZD = 1666.70 BIF
18 August 20231 NZD = 1663.99 BIF
20 August 20231 NZD = 1666.22 BIF
21 August 20231 NZD = 1660.64 BIF
22 August 20231 NZD = 1669.21 BIF
23 August 20231 NZD = 1669.33 BIF
24 August 20231 NZD = 1675.79 BIF
25 August 20231 NZD = 1665.18 BIF
28 August 20231 NZD = 1662.15 BIF
29 August 20231 NZD = 1656.40 BIF
30 August 20231 NZD = 1672.79 BIF
31 August 20231 NZD = 1670.68 BIF

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

20/10/1990: Introduction of New Coins

New coins are introduced in denominations of 1, 5, 10, 50, and 100 Francs.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

22/09/1985: First Currency Revaluation

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

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

30/06/1960: Independence from Belgium

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

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
NZD BIF July 2023
NZD BIF August 2023
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