Historic Kazakhstani tenge Burundian Franc

Kazakhstani tenge burundian franc history for February 2024. The highest quote for this month is 6.3629 (15/02/2024) and the lowest 6.3717 (12/02/2024). The difference between high and low is -0.14.

KZT BIF average rate for February 2024 is 6.32655, the change between 01/02/2024 and 29/02/2024 is +0.34 %.

01 February 20241 KZT = 6.35 BIF
02 February 20241 KZT = 6.34 BIF
03 February 20241 KZT = 6.28 BIF
04 February 20241 KZT = 6.28 BIF
05 February 20241 KZT = 6.29 BIF
06 February 20241 KZT = 6.25 BIF
07 February 20241 KZT = 6.29 BIF
08 February 20241 KZT = 6.29 BIF
09 February 20241 KZT = 6.33 BIF
12 February 20241 KZT = 6.37 BIF
13 February 20241 KZT = 6.37 BIF
14 February 20241 KZT = 6.37 BIF
15 February 20241 KZT = 6.37 BIF
16 February 20241 KZT = 6.37 BIF
17 February 20241 KZT = 6.32 BIF
18 February 20241 KZT = 6.32 BIF
19 February 20241 KZT = 6.33 BIF
20 February 20241 KZT = 6.31 BIF
21 February 20241 KZT = 6.30 BIF
22 February 20241 KZT = 6.34 BIF
23 February 20241 KZT = 6.32 BIF
24 February 20241 KZT = 6.33 BIF
25 February 20241 KZT = 6.33 BIF
26 February 20241 KZT = 6.32 BIF
27 February 20241 KZT = 6.38 BIF
28 February 20241 KZT = 6.35 BIF
29 February 20241 KZT = 6.32 BIF

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

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.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

30/06/2003: Second Currency Revaluation

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

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

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.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.