Historic New Zealand Dollar Burundian Franc

New Zealand Dollar burundian franc history for November 2023. The highest quote for this month is 1734.79 (29/11/2023) and the lowest 1743.11 (30/11/2023). The difference between high and low is -0.48.

NZD BIF average rate for November 2023 is 1688.79885, the change between 01/11/2023 and 30/11/2023 is -5.51 %.

01 November 20231 NZD = 1648.76 BIF
02 November 20231 NZD = 1653.36 BIF
03 November 20231 NZD = 1656.06 BIF
06 November 20231 NZD = 1673.38 BIF
07 November 20231 NZD = 1683.95 BIF
08 November 20231 NZD = 1676.33 BIF
09 November 20231 NZD = 1668.37 BIF
10 November 20231 NZD = 1662.55 BIF
12 November 20231 NZD = 1667.87 BIF
13 November 20231 NZD = 1653.22 BIF
14 November 20231 NZD = 1662.51 BIF
15 November 20231 NZD = 1696.87 BIF
16 November 20231 NZD = 1703.16 BIF
17 November 20231 NZD = 1685.80 BIF
18 November 20231 NZD = 1693.90 BIF
19 November 20231 NZD = 1694.00 BIF
20 November 20231 NZD = 1680.55 BIF
21 November 20231 NZD = 1707.45 BIF
22 November 20231 NZD = 1710.91 BIF
23 November 20231 NZD = 1695.21 BIF
24 November 20231 NZD = 1705.32 BIF
26 November 20231 NZD = 1719.16 BIF
27 November 20231 NZD = 1706.73 BIF
28 November 20231 NZD = 1726.21 BIF
29 November 20231 NZD = 1737.48 BIF
30 November 20231 NZD = 1739.66 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
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