Historic Burundian Franc Panamanian Balboa

Burundian Franc panamanian balboa history for October 2023. The highest quote for this month is 0.000355 (01/10/2023) and the lowest 0.000483 (04/10/2023). The difference between high and low is -36.06.

BIF PAB average rate for October 2023 is 0.00035, the change between 01/10/2023 and 31/10/2023 is +2.54 %.

01 October 20231 BIF = 0.0004 PAB
02 October 20231 BIF = 0.0003 PAB
03 October 20231 BIF = 0.0003 PAB
04 October 20231 BIF = 0.0003 PAB
05 October 20231 BIF = 0.0003 PAB
06 October 20231 BIF = 0.0003 PAB
07 October 20231 BIF = 0.0004 PAB
09 October 20231 BIF = 0.0003 PAB
10 October 20231 BIF = 0.0003 PAB
11 October 20231 BIF = 0.0003 PAB
12 October 20231 BIF = 0.0003 PAB
13 October 20231 BIF = 0.0003 PAB
16 October 20231 BIF = 0.0003 PAB
17 October 20231 BIF = 0.0003 PAB
18 October 20231 BIF = 0.0003 PAB
19 October 20231 BIF = 0.0003 PAB
20 October 20231 BIF = 0.0003 PAB
21 October 20231 BIF = 0.0004 PAB
22 October 20231 BIF = 0.0004 PAB
23 October 20231 BIF = 0.0003 PAB
24 October 20231 BIF = 0.0003 PAB
25 October 20231 BIF = 0.0005 PAB
26 October 20231 BIF = 0.0003 PAB
27 October 20231 BIF = 0.0003 PAB
30 October 20231 BIF = 0.0003 PAB
31 October 20231 BIF = 0.0003 PAB

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.

01/01/2011: Replacement of Paper Banknotes with Polymer Banknotes

Panama replaced the paper banknotes with polymer banknotes to enhance durability and security of the Balboa currency.

30/06/2003: Second Currency Revaluation

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

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.

31/03/1983: Currency Control Law Implemented

Panama implemented a currency control law to regulate the use and circulation of the Balboa and prevent counterfeiting.

30/06/1960: Independence from Belgium

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

15/10/1941: First Issue of Panamanian Balboa Banknotes

The first series of paper banknotes denominated in Balboa were issued by the Panamanian Currency Board.

01/10/1941: Introduction of the Balboa as Legal Tender

The Panamanian government introduced the Balboa as a legal tender, equivalent in value to the US dollar.

01/10/1908: Creation of Panamanian Currency Board

The Panamanian Currency Board was established to issue paper money and stabilize the monetary system.

01/01/1907: Use of US Dollar in Panama

The US dollar became the official currency of Panama due to the presence of American workers during the canal construction.

18/11/1904: Panama Canal Construction Begins

The construction of the Panama Canal started, which would later lead to the need for a national currency.