Historic Burundian Franc Indian Rupee

Burundian Franc indian rupee history for February 2024. The highest quote for this month is 0.029379 (13/02/2024) and the lowest 0.029463 (02/02/2024). The difference between high and low is -0.29.

BIF INR average rate for February 2024 is 0.02925, the change between 01/02/2024 and 29/02/2024 is -0.11 %.

01 February 20241 BIF = 0.0293 INR
02 February 20241 BIF = 0.0293 INR
03 February 20241 BIF = 0.0292 INR
04 February 20241 BIF = 0.0292 INR
05 February 20241 BIF = 0.0291 INR
06 February 20241 BIF = 0.0294 INR
07 February 20241 BIF = 0.0293 INR
08 February 20241 BIF = 0.0293 INR
09 February 20241 BIF = 0.0293 INR
12 February 20241 BIF = 0.0294 INR
13 February 20241 BIF = 0.0292 INR
14 February 20241 BIF = 0.0293 INR
15 February 20241 BIF = 0.0293 INR
16 February 20241 BIF = 0.0292 INR
17 February 20241 BIF = 0.0292 INR
18 February 20241 BIF = 0.0292 INR
19 February 20241 BIF = 0.0293 INR
20 February 20241 BIF = 0.0293 INR
21 February 20241 BIF = 0.0292 INR
22 February 20241 BIF = 0.0292 INR
23 February 20241 BIF = 0.0292 INR
24 February 20241 BIF = 0.0292 INR
25 February 20241 BIF = 0.0292 INR
26 February 20241 BIF = 0.0293 INR
27 February 20241 BIF = 0.0292 INR
28 February 20241 BIF = 0.0292 INR
29 February 20241 BIF = 0.0293 INR

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

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.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

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.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.