Historic Burundian Franc Kazakhstani tenge

Burundian Franc kazakhstani tenge history for October 2023. The highest quote for this month is 0.17008 (07/10/2023) and the lowest 0.23478 (04/10/2023). The difference between high and low is -38.04.

BIF KZT average rate for October 2023 is 0.17101, the change between 01/10/2023 and 31/10/2023 is +1.88 %.

01 October 20231 BIF = 0.1693 KZT
02 October 20231 BIF = 0.1691 KZT
03 October 20231 BIF = 0.1684 KZT
04 October 20231 BIF = 0.1683 KZT
05 October 20231 BIF = 0.1675 KZT
06 October 20231 BIF = 0.1694 KZT
07 October 20231 BIF = 0.1692 KZT
09 October 20231 BIF = 0.1689 KZT
10 October 20231 BIF = 0.1693 KZT
11 October 20231 BIF = 0.1683 KZT
12 October 20231 BIF = 0.1684 KZT
13 October 20231 BIF = 0.1679 KZT
16 October 20231 BIF = 0.1686 KZT
17 October 20231 BIF = 0.1681 KZT
18 October 20231 BIF = 0.1683 KZT
19 October 20231 BIF = 0.1694 KZT
20 October 20231 BIF = 0.1691 KZT
21 October 20231 BIF = 0.1694 KZT
22 October 20231 BIF = 0.1694 KZT
23 October 20231 BIF = 0.1695 KZT
24 October 20231 BIF = 0.1682 KZT
25 October 20231 BIF = 0.2346 KZT
26 October 20231 BIF = 0.1680 KZT
27 October 20231 BIF = 0.1671 KZT
30 October 20231 BIF = 0.1662 KZT
31 October 20231 BIF = 0.1661 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
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BIF KZT June 2024
BIF KZT July 2024