Historic Burundian Franc Kazakhstani tenge

Burundian Franc kazakhstani tenge history for January 2024. The highest quote for this month is 0.16089 (01/01/2024) and the lowest 0.16089 (01/01/2024). The difference between high and low is 0.

BIF KZT average rate for January 2024 is 0.15883, the change between 01/01/2024 and 31/01/2024 is +2.32 %.

01 January 20241 BIF = 0.1609 KZT
02 January 20241 BIF = 0.1609 KZT
03 January 20241 BIF = 0.1600 KZT
04 January 20241 BIF = 0.1606 KZT
05 January 20241 BIF = 0.1595 KZT
06 January 20241 BIF = 0.1597 KZT
07 January 20241 BIF = 0.1597 KZT
08 January 20241 BIF = 0.1597 KZT
09 January 20241 BIF = 0.1591 KZT
10 January 20241 BIF = 0.1600 KZT
11 January 20241 BIF = 0.1595 KZT
12 January 20241 BIF = 0.1586 KZT
14 January 20241 BIF = 0.1592 KZT
15 January 20241 BIF = 0.1590 KZT
16 January 20241 BIF = 0.1590 KZT
17 January 20241 BIF = 0.1592 KZT
18 January 20241 BIF = 0.1589 KZT
19 January 20241 BIF = 0.1583 KZT
22 January 20241 BIF = 0.1582 KZT
23 January 20241 BIF = 0.1570 KZT
24 January 20241 BIF = 0.1560 KZT
25 January 20241 BIF = 0.1566 KZT
26 January 20241 BIF = 0.1571 KZT
28 January 20241 BIF = 0.1586 KZT
29 January 20241 BIF = 0.1584 KZT
30 January 20241 BIF = 0.1576 KZT
31 January 20241 BIF = 0.1572 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.