Historic Indian Rupee Burundian Franc

Indian Rupee burundian franc history for December 2023. The highest quote for this month is 34.15 (18/12/2023) and the lowest 34.739 (08/12/2023). The difference between high and low is -1.72.

INR BIF average rate for December 2023 is 33.99364, the change between 01/12/2023 and 31/12/2023 is -1.49 %.

01 December 20231 INR = 33.89 BIF
02 December 20231 INR = 33.99 BIF
03 December 20231 INR = 33.99 BIF
04 December 20231 INR = 33.89 BIF
05 December 20231 INR = 33.87 BIF
06 December 20231 INR = 33.91 BIF
07 December 20231 INR = 33.89 BIF
08 December 20231 INR = 33.94 BIF
10 December 20231 INR = 33.93 BIF
11 December 20231 INR = 33.85 BIF
12 December 20231 INR = 33.94 BIF
13 December 20231 INR = 33.81 BIF
14 December 20231 INR = 33.86 BIF
15 December 20231 INR = 33.98 BIF
16 December 20231 INR = 34.12 BIF
17 December 20231 INR = 34.12 BIF
18 December 20231 INR = 34.15 BIF
19 December 20231 INR = 34.03 BIF
20 December 20231 INR = 34.07 BIF
21 December 20231 INR = 33.99 BIF
22 December 20231 INR = 34.05 BIF
23 December 20231 INR = 34.08 BIF
24 December 20231 INR = 34.09 BIF
25 December 20231 INR = 33.97 BIF
26 December 20231 INR = 33.99 BIF
27 December 20231 INR = 34.03 BIF
28 December 20231 INR = 33.99 BIF
29 December 20231 INR = 34.40 BIF

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

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.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

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.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

30/06/1960: Independence from Belgium

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

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.
INR BIF July 2023
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