Historic Burundian Franc Bhutanese ngultrum

Burundian Franc bhutanese ngultrum history for September 2023. The highest quote for this month is 0.029646 (18/09/2023) and the lowest 0.029707 (29/09/2023). The difference between high and low is -0.21.

BIF BTN average rate for September 2023 is 0.02953, the change between 01/09/2023 and 30/09/2023 is +0.04 %.

01 September 20231 BIF = 0.0295 BTN
05 September 20231 BIF = 0.0294 BTN
18 September 20231 BIF = 0.0297 BTN
22 September 20231 BIF = 0.0295 BTN
29 September 20231 BIF = 0.0295 BTN

24/10/2018: 50 Ngultrum commemorative banknote issued

A special commemorative banknote of 50 Ngultrum was issued to celebrate the 50th Birth Anniversary of His Majesty Jigme Khesar Namgyel Wangchuck.

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.

28/10/2013: 1000 Ngultrum banknote issued

A new denomination of 1000 Ngultrum banknote was introduced, reflecting the growing economy and need for larger denomination currency.

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.

09/06/2011: Second series of Ngultrum banknotes issued

The second series of Bhutanese Ngultrum banknotes were issued, featuring improved security features and updated designs representing Bhutan's unique culture.

21/11/2006: Introduction of polymer banknotes

Polymer banknotes were introduced in Bhutan, replacing the older paper banknotes, to enhance durability and security of the currency.

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.

04/03/1992: First series of Ngultrum banknotes issued

The first series of Bhutanese Ngultrum banknotes were issued in denominations of 1, 5, 10, 20, 50, and 100 Ngultrum, showcasing Bhutanese culture and landmarks.

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.

31/12/1975: Establishment of the Royal Monetary Authority of Bhutan

The Royal Monetary Authority of Bhutan was established as the central bank of Bhutan, responsible for managing the Ngultrum currency.

31/05/1974: Introduction of the Bhutanese Ngultrum

The Bhutanese Ngultrum was introduced as the official currency of Bhutan to replace the Indian Rupee.

30/06/1960: Independence from Belgium

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