Historic Convertible Mark Burundian Franc

Convertible Mark burundian franc history for February 2024. The highest quote for this month is 1632.76 (26/02/2024) and the lowest 1634.92 (05/02/2024). The difference between high and low is -0.13.

BAM BIF average rate for February 2024 is 1587.27, the change between 01/02/2024 and 29/02/2024 is -2.65 %.

01 February 20241 BAM = 1572.75 BIF
02 February 20241 BAM = 1561.00 BIF
05 February 20241 BAM = 1564.76 BIF
06 February 20241 BAM = 1554.40 BIF
07 February 20241 BAM = 1560.80 BIF
08 February 20241 BAM = 1560.94 BIF
09 February 20241 BAM = 1559.76 BIF
12 February 20241 BAM = 1554.46 BIF
13 February 20241 BAM = 1551.62 BIF
14 February 20241 BAM = 1554.30 BIF
15 February 20241 BAM = 1559.82 BIF
16 February 20241 BAM = 1562.41 BIF
19 February 20241 BAM = 1616.97 BIF
20 February 20241 BAM = 1616.58 BIF
21 February 20241 BAM = 1622.86 BIF
22 February 20241 BAM = 1622.29 BIF
23 February 20241 BAM = 1632.18 BIF
26 February 20241 BAM = 1625.47 BIF
27 February 20241 BAM = 1632.18 BIF
28 February 20241 BAM = 1632.76 BIF
29 February 20241 BAM = 1614.36 BIF

01/11/2019: 25th Anniversary of the Convertible Mark

Bosnia and Herzegovina celebrated the 25th anniversary of the introduction of the Convertible Mark as its national currency.

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.

15/08/2017: New Banknote Denominations

New banknote denominations of 200 BAM and 1,000 BAM were introduced to facilitate transactions and enhance the efficiency of cash handling.

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.

09/03/2010: New Polymer Banknotes

The Central Bank of Bosnia and Herzegovina introduced polymer banknotes to replace the paper banknotes, increasing durability and security.

30/06/2003: Second Currency Revaluation

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

28/02/2002: Replacement of Deutsche Mark with Euro

The Deutsche Mark was replaced by the euro as the main reference currency for the Convertible Mark's fixed exchange rate.

02/07/1998: Issuance of New Banknote Series

A new series of banknotes was issued, featuring updated designs and enhanced security features.

01/07/1997: Currency Board Arrangement

A Currency Board Arrangement was established to maintain a fixed exchange rate between the Convertible Mark and the Deutsche Mark.

22/06/1995: Introduction of the Convertible Mark

The Convertible Mark was introduced as the official currency of Bosnia and Herzegovina, replacing the Yugoslav dinar.

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.

30/06/1960: Independence from Belgium

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