Historic Burundian Franc South Korean Won

Burundian Franc south korean won history for January 2024. The highest quote for this month is 0.4762 (17/01/2024) and the lowest 0.47329 (18/01/2024). The difference between high and low is 0.61.

BIF KRW average rate for January 2024 is 0.46695, the change between 01/01/2024 and 31/01/2024 is -2.25 %.

01 January 20241 BIF = 0.4573 KRW
02 January 20241 BIF = 0.4569 KRW
03 January 20241 BIF = 0.4621 KRW
04 January 20241 BIF = 0.4627 KRW
05 January 20241 BIF = 0.4630 KRW
06 January 20241 BIF = 0.4641 KRW
07 January 20241 BIF = 0.4637 KRW
08 January 20241 BIF = 0.4663 KRW
09 January 20241 BIF = 0.4629 KRW
10 January 20241 BIF = 0.4675 KRW
11 January 20241 BIF = 0.4652 KRW
12 January 20241 BIF = 0.4631 KRW
14 January 20241 BIF = 0.4632 KRW
15 January 20241 BIF = 0.4654 KRW
16 January 20241 BIF = 0.4678 KRW
17 January 20241 BIF = 0.4729 KRW
18 January 20241 BIF = 0.4741 KRW
19 January 20241 BIF = 0.4717 KRW
22 January 20241 BIF = 0.4722 KRW
23 January 20241 BIF = 0.4726 KRW
24 January 20241 BIF = 0.4717 KRW
25 January 20241 BIF = 0.4689 KRW
26 January 20241 BIF = 0.4709 KRW
28 January 20241 BIF = 0.4711 KRW
29 January 20241 BIF = 0.4725 KRW
30 January 20241 BIF = 0.4703 KRW
31 January 20241 BIF = 0.4676 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.
BIF KRW July 2023
BIF KRW August 2023
BIF KRW September 2023
BIF KRW October 2023
BIF KRW November 2023
BIF KRW December 2023
BIF KRW January 2024
BIF KRW February 2024
BIF KRW March 2024
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BIF KRW May 2024
BIF KRW June 2024
BIF KRW July 2024