Historic Qatari Rial Burundian Franc

Qatari Rial burundian franc history for January 2024. The highest quote for this month is 780.38 (26/01/2024) and the lowest 779.47 (28/01/2024). The difference between high and low is 0.12.

QAR BIF average rate for January 2024 is 777.94963, the change between 01/01/2024 and 31/01/2024 is -0.29 %.

01 January 20241 QAR = 777.4 BIF
02 January 20241 QAR = 778.0 BIF
03 January 20241 QAR = 777.7 BIF
04 January 20241 QAR = 777.8 BIF
05 January 20241 QAR = 778.3 BIF
06 January 20241 QAR = 778.6 BIF
07 January 20241 QAR = 778.6 BIF
08 January 20241 QAR = 773.8 BIF
09 January 20241 QAR = 778.8 BIF
10 January 20241 QAR = 775.8 BIF
11 January 20241 QAR = 778.1 BIF
12 January 20241 QAR = 778.5 BIF
14 January 20241 QAR = 778.9 BIF
15 January 20241 QAR = 775.2 BIF
16 January 20241 QAR = 775.2 BIF
17 January 20241 QAR = 777.4 BIF
18 January 20241 QAR = 779.0 BIF
19 January 20241 QAR = 779.2 BIF
22 January 20241 QAR = 776.0 BIF
23 January 20241 QAR = 778.5 BIF
24 January 20241 QAR = 778.8 BIF
25 January 20241 QAR = 779.3 BIF
26 January 20241 QAR = 779.7 BIF
28 January 20241 QAR = 779.5 BIF
29 January 20241 QAR = 777.6 BIF
30 January 20241 QAR = 779.2 BIF
31 January 20241 QAR = 779.7 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.