Historic Burundian Franc Kazakhstani tenge

Burundian Franc kazakhstani tenge history for November 2023. The highest quote for this month is 0.16608 (01/11/2023) and the lowest 0.16608 (01/11/2023). The difference between high and low is 0.

BIF KZT average rate for November 2023 is 0.16338, the change between 01/11/2023 and 30/11/2023 is +1.62 %.

01 November 20231 BIF = 0.1642 KZT
02 November 20231 BIF = 0.1661 KZT
03 November 20231 BIF = 0.1650 KZT
06 November 20231 BIF = 0.1643 KZT
07 November 20231 BIF = 0.1633 KZT
08 November 20231 BIF = 0.1638 KZT
09 November 20231 BIF = 0.1652 KZT
10 November 20231 BIF = 0.1651 KZT
12 November 20231 BIF = 0.1653 KZT
13 November 20231 BIF = 0.1651 KZT
14 November 20231 BIF = 0.1638 KZT
15 November 20231 BIF = 0.1631 KZT
16 November 20231 BIF = 0.1631 KZT
17 November 20231 BIF = 0.1625 KZT
18 November 20231 BIF = 0.1632 KZT
19 November 20231 BIF = 0.1632 KZT
20 November 20231 BIF = 0.1638 KZT
21 November 20231 BIF = 0.1627 KZT
22 November 20231 BIF = 0.1613 KZT
23 November 20231 BIF = 0.1615 KZT
24 November 20231 BIF = 0.1628 KZT
26 November 20231 BIF = 0.1624 KZT
27 November 20231 BIF = 0.1628 KZT
28 November 20231 BIF = 0.1615 KZT
29 November 20231 BIF = 0.1618 KZT
30 November 20231 BIF = 0.1615 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.