Historic Burundian Franc Kazakhstani tenge

Burundian Franc kazakhstani tenge history for February 2024. The highest quote for this month is 0.15966 (06/02/2024) and the lowest 0.16009 (05/02/2024). The difference between high and low is -0.27.

BIF KZT average rate for February 2024 is 0.15807, the change between 01/02/2024 and 29/02/2024 is -0.34 %.

01 February 20241 BIF = 0.1576 KZT
02 February 20241 BIF = 0.1578 KZT
03 February 20241 BIF = 0.1591 KZT
04 February 20241 BIF = 0.1591 KZT
05 February 20241 BIF = 0.1589 KZT
06 February 20241 BIF = 0.1601 KZT
07 February 20241 BIF = 0.1589 KZT
08 February 20241 BIF = 0.1589 KZT
09 February 20241 BIF = 0.1580 KZT
12 February 20241 BIF = 0.1569 KZT
13 February 20241 BIF = 0.1570 KZT
14 February 20241 BIF = 0.1570 KZT
15 February 20241 BIF = 0.1571 KZT
16 February 20241 BIF = 0.1570 KZT
17 February 20241 BIF = 0.1582 KZT
18 February 20241 BIF = 0.1582 KZT
19 February 20241 BIF = 0.1580 KZT
20 February 20241 BIF = 0.1585 KZT
21 February 20241 BIF = 0.1587 KZT
22 February 20241 BIF = 0.1579 KZT
23 February 20241 BIF = 0.1581 KZT
24 February 20241 BIF = 0.1581 KZT
25 February 20241 BIF = 0.1581 KZT
26 February 20241 BIF = 0.1583 KZT
27 February 20241 BIF = 0.1568 KZT
28 February 20241 BIF = 0.1574 KZT
29 February 20241 BIF = 0.1581 KZT

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

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.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

30/06/2003: Second Currency Revaluation

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

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

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.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.
BIF KZT July 2023
BIF KZT August 2023
BIF KZT September 2023
BIF KZT October 2023
BIF KZT November 2023
BIF KZT December 2023
BIF KZT January 2024
BIF KZT February 2024
BIF KZT March 2024
BIF KZT April 2024
BIF KZT May 2024
BIF KZT June 2024
BIF KZT July 2024