Historic Icelandic Krona Burundian Franc

Icelandic Krona burundian franc history for January 2024. The highest quote for this month is 20.873 (01/01/2024) and the lowest 20.934 (24/01/2024). The difference between high and low is -0.29.

ISK BIF average rate for January 2024 is 20.71609, the change between 01/01/2024 and 31/01/2024 is +0.27 %.

01 January 20241 ISK = 20.85 BIF
02 January 20241 ISK = 20.86 BIF
03 January 20241 ISK = 20.60 BIF
04 January 20241 ISK = 20.56 BIF
05 January 20241 ISK = 20.64 BIF
08 January 20241 ISK = 20.48 BIF
09 January 20241 ISK = 20.64 BIF
10 January 20241 ISK = 20.58 BIF
11 January 20241 ISK = 20.78 BIF
12 January 20241 ISK = 20.77 BIF
15 January 20241 ISK = 20.68 BIF
16 January 20241 ISK = 20.74 BIF
17 January 20241 ISK = 20.66 BIF
18 January 20241 ISK = 20.69 BIF
19 January 20241 ISK = 20.68 BIF
22 January 20241 ISK = 20.71 BIF
23 January 20241 ISK = 20.80 BIF
24 January 20241 ISK = 20.80 BIF
25 January 20241 ISK = 20.91 BIF
26 January 20241 ISK = 20.82 BIF
29 January 20241 ISK = 20.72 BIF
30 January 20241 ISK = 20.73 BIF
31 January 20241 ISK = 20.79 BIF

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

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.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

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.

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

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.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

30/06/1960: Independence from Belgium

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

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.
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