Qatari Rial burundian franc exchange rate history (QAR BIF) August 2023

Qatari Rial burundian franc history for August 2023. The highest quote for this month is 776.44 (25/08/2023) and the lowest 773.08 (27/08/2023). The difference between high and low is 0.43.

QAR BIF average rate for August 2023 is 771.5337, the change between 01/08/2023 and 31/08/2023 is -0.04 %.

01 August 2023	1 QAR = 770.8 BIF
02 August 2023	1 QAR = 771.5 BIF
03 August 2023	1 QAR = 772.3 BIF
04 August 2023	1 QAR = 770.8 BIF
07 August 2023	1 QAR = 766.5 BIF
08 August 2023	1 QAR = 768.6 BIF
09 August 2023	1 QAR = 771.4 BIF
10 August 2023	1 QAR = 771.7 BIF
11 August 2023	1 QAR = 771.7 BIF
12 August 2023	1 QAR = 772.5 BIF
14 August 2023	1 QAR = 774.9 BIF
15 August 2023	1 QAR = 772.2 BIF
16 August 2023	1 QAR = 770.7 BIF
17 August 2023	1 QAR = 772.2 BIF
18 August 2023	1 QAR = 771.5 BIF
19 August 2023	1 QAR = 772.7 BIF
20 August 2023	1 QAR = 772.7 BIF
21 August 2023	1 QAR = 769.9 BIF
22 August 2023	1 QAR = 773.6 BIF
23 August 2023	1 QAR = 772.2 BIF
24 August 2023	1 QAR = 770.7 BIF
25 August 2023	1 QAR = 772.9 BIF
27 August 2023	1 QAR = 773.1 BIF
28 August 2023	1 QAR = 772.6 BIF
29 August 2023	1 QAR = 770.4 BIF
30 August 2023	1 QAR = 770.2 BIF
31 August 2023	1 QAR = 771.1 BIF

01/01/2021: Launch of a digital currency pilot program

Qatar announced the launch of a pilot program to test the use of a digital currency as part of its efforts to introduce blockchain technology in the financial sector.

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.

05/06/2017: Qatar diplomatic crisis affects the currency

Following the diplomatic crisis and blockade imposed by neighboring countries, the Qatari rial faced volatility and depreciated against major currencies.

27/05/2015: Qatari rial pegged to a basket of currencies

The Qatari rial's peg was diversified to include a basket of currencies, reducing its dependence on the US dollar.

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.

30/06/2003: Second Currency Revaluation

The Burundian Franc undergoes another significant devaluation as part of the second currency revaluation program.

08/06/2001: Creation of the Qatar Central Bank

The Qatar Central Bank was established to replace the Qatar Currency Board and assume the responsibility of regulating the Qatari rial.

27/07/1997: Qatar Currency Board established

The Qatar Currency Board was established to regulate the issuance and circulation of the Qatari rial and maintain its stability.

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.

27/03/1976: Currency pegged to the US Dollar

The Qatari rial was pegged to the US dollar at a fixed exchange rate of 1 USD = 3.64 QAR to stabilize its value and promote trade.

24/06/1973: Introduction of Qatari Rial

Qatar officially introduced the Qatari rial as its currency, replacing the Gulf rupee at a rate of 1 rial = 1.65 rupees.

30/06/1960: Independence from Belgium

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

Historic Qatari Rial Burundian Franc