Historic Burundian Franc South Korean Won

Burundian Franc south korean won history for February 2024. The highest quote for this month is 0.47388 (13/02/2024) and the lowest 0.47135 (04/02/2024). The difference between high and low is 0.53.

BIF KRW average rate for February 2024 is 0.46945, the change between 01/02/2024 and 29/02/2024 is -0.24 %.

01 February 20241 BIF = 0.4709 KRW
02 February 20241 BIF = 0.4689 KRW
03 February 20241 BIF = 0.4714 KRW
04 February 20241 BIF = 0.4714 KRW
05 February 20241 BIF = 0.4688 KRW
06 February 20241 BIF = 0.4710 KRW
07 February 20241 BIF = 0.4675 KRW
08 February 20241 BIF = 0.4680 KRW
09 February 20241 BIF = 0.4700 KRW
12 February 20241 BIF = 0.4707 KRW
13 February 20241 BIF = 0.4680 KRW
14 February 20241 BIF = 0.4724 KRW
15 February 20241 BIF = 0.4674 KRW
16 February 20241 BIF = 0.4675 KRW
17 February 20241 BIF = 0.4687 KRW
18 February 20241 BIF = 0.4687 KRW
19 February 20241 BIF = 0.4706 KRW
20 February 20241 BIF = 0.4713 KRW
21 February 20241 BIF = 0.4696 KRW
22 February 20241 BIF = 0.4695 KRW
23 February 20241 BIF = 0.4673 KRW
24 February 20241 BIF = 0.4681 KRW
25 February 20241 BIF = 0.4681 KRW
26 February 20241 BIF = 0.4703 KRW
27 February 20241 BIF = 0.4689 KRW
28 February 20241 BIF = 0.4688 KRW
29 February 20241 BIF = 0.4720 KRW

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.

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

30/06/2003: Second Currency Revaluation

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

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

30/06/1960: Independence from Belgium

Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.