Historic Burundian Franc Azerbaijani manat

Burundian Franc azerbaijani manat history for February 2024. The highest quote for this month is 0.000601 (13/02/2024) and the lowest 0.000605 (02/02/2024). The difference between high and low is -0.67.

BIF AZN average rate for February 2024 is 0.0006, the change between 01/02/2024 and 29/02/2024 is -0.33 %.

01 February 20241 BIF = 0.0006 AZN
02 February 20241 BIF = 0.0006 AZN
05 February 20241 BIF = 0.0006 AZN
06 February 20241 BIF = 0.0006 AZN
07 February 20241 BIF = 0.0006 AZN
08 February 20241 BIF = 0.0006 AZN
09 February 20241 BIF = 0.0006 AZN
12 February 20241 BIF = 0.0006 AZN
13 February 20241 BIF = 0.0006 AZN
14 February 20241 BIF = 0.0006 AZN
15 February 20241 BIF = 0.0006 AZN
16 February 20241 BIF = 0.0006 AZN
19 February 20241 BIF = 0.0006 AZN
20 February 20241 BIF = 0.0006 AZN
21 February 20241 BIF = 0.0006 AZN
22 February 20241 BIF = 0.0006 AZN
23 February 20241 BIF = 0.0006 AZN
26 February 20241 BIF = 0.0006 AZN
27 February 20241 BIF = 0.0006 AZN
28 February 20241 BIF = 0.0006 AZN
29 February 20241 BIF = 0.0006 AZN

31/12/2020: Digital Currency Pilot

Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.

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.

20/12/2017: Second Devaluation

The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.

20/12/2015: Devaluation

The manat was devalued by more than 30% against the US dollar in response to falling oil prices.

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.

20/02/2005: Pegged to US Dollar

The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.

30/06/2003: Second Currency Revaluation

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

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

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.

31/12/1993: Hyperinflation

Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.

14/08/1992: Introduction of Manat

The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.

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.
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