Historic Burundian Franc Ugandan Shilling

Burundian Franc ugandan shilling history for February 2024. The highest quote for this month is 1.3764 (27/02/2024) and the lowest 1.381 (26/02/2024). The difference between high and low is -0.33.

BIF UGX average rate for February 2024 is 1.35098, the change between 01/02/2024 and 29/02/2024 is -3.56 %.

01 February 20241 BIF = 1.330 UGX
02 February 20241 BIF = 1.333 UGX
03 February 20241 BIF = 1.341 UGX
04 February 20241 BIF = 1.341 UGX
05 February 20241 BIF = 1.335 UGX
06 February 20241 BIF = 1.337 UGX
07 February 20241 BIF = 1.333 UGX
08 February 20241 BIF = 1.333 UGX
09 February 20241 BIF = 1.340 UGX
12 February 20241 BIF = 1.349 UGX
13 February 20241 BIF = 1.345 UGX
14 February 20241 BIF = 1.347 UGX
15 February 20241 BIF = 1.349 UGX
16 February 20241 BIF = 1.347 UGX
17 February 20241 BIF = 1.361 UGX
18 February 20241 BIF = 1.361 UGX
19 February 20241 BIF = 1.354 UGX
20 February 20241 BIF = 1.356 UGX
21 February 20241 BIF = 1.353 UGX
22 February 20241 BIF = 1.357 UGX
23 February 20241 BIF = 1.356 UGX
24 February 20241 BIF = 1.360 UGX
25 February 20241 BIF = 1.360 UGX
26 February 20241 BIF = 1.375 UGX
27 February 20241 BIF = 1.377 UGX
28 February 20241 BIF = 1.369 UGX
29 February 20241 BIF = 1.377 UGX

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

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.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

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.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

30/06/2003: Second Currency Revaluation

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

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

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.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

22/09/1985: First Currency Revaluation

The Burundian Franc is significantly devalued as part of a currency revaluation program.

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.

30/06/1960: Independence from Belgium

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