Historic Burundian Franc Saudi riyal

Burundian Franc saudi riyal history for January 2024. The highest quote for this month is 0.001327 (09/01/2024) and the lowest 0.00133 (08/01/2024). The difference between high and low is -0.23.

BIF SAR average rate for January 2024 is 0.00132, the change between 01/01/2024 and 31/01/2024 is +0.3 %.

01 January 20241 BIF = 0.0013 SAR
02 January 20241 BIF = 0.0013 SAR
03 January 20241 BIF = 0.0013 SAR
04 January 20241 BIF = 0.0013 SAR
05 January 20241 BIF = 0.0013 SAR
06 January 20241 BIF = 0.0013 SAR
07 January 20241 BIF = 0.0013 SAR
08 January 20241 BIF = 0.0013 SAR
09 January 20241 BIF = 0.0013 SAR
10 January 20241 BIF = 0.0013 SAR
11 January 20241 BIF = 0.0013 SAR
12 January 20241 BIF = 0.0013 SAR
14 January 20241 BIF = 0.0013 SAR
15 January 20241 BIF = 0.0013 SAR
16 January 20241 BIF = 0.0013 SAR
17 January 20241 BIF = 0.0013 SAR
18 January 20241 BIF = 0.0013 SAR
19 January 20241 BIF = 0.0013 SAR
22 January 20241 BIF = 0.0013 SAR
23 January 20241 BIF = 0.0013 SAR
24 January 20241 BIF = 0.0013 SAR
25 January 20241 BIF = 0.0013 SAR
26 January 20241 BIF = 0.0013 SAR
28 January 20241 BIF = 0.0013 SAR
29 January 20241 BIF = 0.0013 SAR
30 January 20241 BIF = 0.0013 SAR
31 January 20241 BIF = 0.0013 SAR

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.

20/05/2018: SAMA grants licenses for full-fledged digital banks

SAMA issued licenses to two banks for providing digital banking services, reflecting a shift towards digitalization in the financial sector.

21/12/2016: Saudi Arabia introduces the SAR 200 note

A new 200 riyal banknote was introduced, featuring a portrait of King Abdullah bin Abdulaziz Al Saud.

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.

20/12/2003: Launch of Riyal Interbank Express (SARIE)

SAMA launched SARIE, a real-time gross settlement system, improving interbank transactions and money transfers.

30/06/2003: Second Currency Revaluation

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

27/05/1997: Introduction of Saudi Arabian Monetary Agency new design series

SAMA introduced a new series of banknotes with enhanced security features to combat counterfeiting.

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.

30/06/1986: Saudi riyal pegged to the US dollar at 3.75 SAR per USD

Saudi Arabia pegged its currency to the USD, ensuring stability and ease of trade with international partners.

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.

01/03/1952: Introduction of Saudi Arabian Monetary Agency (SAMA)

SAMA was established as the central bank of Saudi Arabia, responsible for issuing and managing the Saudi riyal.

23/09/1932: Establishment of the Kingdom of Saudi Arabia

The Saudi riyal currency was introduced following the unification of the Kingdom under King Abdulaziz Al Saud.