Historic New Zealand Dollar Burundian Franc

New Zealand Dollar burundian franc history for February 2024. The highest quote for this month is 1760.8 (24/02/2024) and the lowest 1762.76 (25/02/2024). The difference between high and low is -0.11.

NZD BIF average rate for February 2024 is 1738.42889, the change between 01/02/2024 and 29/02/2024 is +0.52 %.

01 February 20241 NZD = 1731.50 BIF
02 February 20241 NZD = 1741.70 BIF
03 February 20241 NZD = 1721.99 BIF
04 February 20241 NZD = 1722.93 BIF
05 February 20241 NZD = 1730.70 BIF
06 February 20241 NZD = 1713.64 BIF
07 February 20241 NZD = 1731.12 BIF
08 February 20241 NZD = 1733.29 BIF
09 February 20241 NZD = 1730.37 BIF
12 February 20241 NZD = 1737.26 BIF
13 February 20241 NZD = 1739.71 BIF
14 February 20241 NZD = 1719.21 BIF
15 February 20241 NZD = 1727.91 BIF
16 February 20241 NZD = 1735.58 BIF
17 February 20241 NZD = 1740.12 BIF
18 February 20241 NZD = 1740.76 BIF
19 February 20241 NZD = 1736.41 BIF
20 February 20241 NZD = 1737.75 BIF
21 February 20241 NZD = 1751.77 BIF
22 February 20241 NZD = 1754.59 BIF
23 February 20241 NZD = 1759.46 BIF
24 February 20241 NZD = 1760.80 BIF
25 February 20241 NZD = 1762.22 BIF
26 February 20241 NZD = 1749.85 BIF
27 February 20241 NZD = 1751.45 BIF
28 February 20241 NZD = 1752.98 BIF
29 February 20241 NZD = 1722.51 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
NZD BIF September 2023
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NZD BIF January 2024
NZD BIF February 2024
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NZD BIF June 2024
NZD BIF July 2024