Historic Iraqi dinar Burundian Franc

Iraqi dinar burundian franc history for October 2023. The highest quote for this month is 2.2027 (30/10/2023) and the lowest 2.1979 (12/10/2023). The difference between high and low is 0.22.

IQD BIF average rate for October 2023 is 2.14449, the change between 01/10/2023 and 31/10/2023 is -0.09 %.

01 October 20231 IQD = 2.155 BIF
02 October 20231 IQD = 2.192 BIF
03 October 20231 IQD = 2.154 BIF
04 October 20231 IQD = 2.154 BIF
05 October 20231 IQD = 2.166 BIF
06 October 20231 IQD = 2.190 BIF
07 October 20231 IQD = 2.154 BIF
09 October 20231 IQD = 2.192 BIF
10 October 20231 IQD = 2.191 BIF
11 October 20231 IQD = 2.158 BIF
12 October 20231 IQD = 2.157 BIF
13 October 20231 IQD = 2.156 BIF
16 October 20231 IQD = 2.192 BIF
17 October 20231 IQD = 2.160 BIF
18 October 20231 IQD = 2.158 BIF
19 October 20231 IQD = 2.194 BIF
20 October 20231 IQD = 2.156 BIF
21 October 20231 IQD = 2.156 BIF
22 October 20231 IQD = 2.156 BIF
23 October 20231 IQD = 2.194 BIF
24 October 20231 IQD = 2.158 BIF
25 October 20231 IQD = 1.546 BIF
26 October 20231 IQD = 2.157 BIF
27 October 20231 IQD = 2.158 BIF
30 October 20231 IQD = 2.195 BIF
31 October 20231 IQD = 2.157 BIF

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in 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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

30/06/2003: Second Currency Revaluation

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

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1985: First Currency Revaluation

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

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

30/06/1960: Independence from Belgium

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

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.