04/03/2020: Rupiah Hits Lowest Point
The Rupiah reached its weakest level against the US dollar since the 1998 financial crisis, reflecting global economic uncertainty and the impact of the COVID-19 pandemic.
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.
27/07/2015: New Banknotes and Coins
The Bank of Indonesia introduced a new series of banknotes and coins with enhanced security features and updated designs to commemorate the country's achievements.
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.
20/05/1998: Revaluation of Rupiah
As a response to the financial crisis, the Indonesian government revalued the Rupiah by removing three zeros from the currency, aiming to stabilize its value.
01/07/1997: Asian Financial Crisis
Indonesia, along with other Southeast Asian nations, experienced a severe currency crisis as the Rupiah plummeted in value against the US dollar, leading to economic turmoil.
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.
29/11/1965: New Rupiah Symbol
The official symbol for the Rupiah (Rp) was introduced, replacing the previous abbreviation of 'Rp.' This symbol is still in use today.
30/06/1960: Independence from Belgium
Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.
31/05/1952: Currency Exchange Law
The Currency Exchange Law was enacted, establishing a fixed exchange rate for the Rupiah against the Dutch guilder, marking a significant milestone in the currency's stability.
26/12/1949: Independence of Indonesia
Following Indonesia's independence from the Netherlands, the Rupiah was introduced as the official currency of the newly formed republic.