Historic South Korean Won Burundian Franc

South Korean Won burundian franc history for February 2024. The highest quote for this month is 2.1365 (24/02/2024) and the lowest 2.1864 (09/02/2024). The difference between high and low is -2.34.

KRW BIF average rate for February 2024 is 2.13016, the change between 01/02/2024 and 29/02/2024 is +0.24 %.

01 February 20241 KRW = 2.124 BIF
02 February 20241 KRW = 2.133 BIF
03 February 20241 KRW = 2.122 BIF
04 February 20241 KRW = 2.122 BIF
05 February 20241 KRW = 2.133 BIF
06 February 20241 KRW = 2.123 BIF
07 February 20241 KRW = 2.139 BIF
08 February 20241 KRW = 2.137 BIF
09 February 20241 KRW = 2.128 BIF
12 February 20241 KRW = 2.125 BIF
13 February 20241 KRW = 2.137 BIF
14 February 20241 KRW = 2.117 BIF
15 February 20241 KRW = 2.140 BIF
16 February 20241 KRW = 2.139 BIF
17 February 20241 KRW = 2.134 BIF
18 February 20241 KRW = 2.134 BIF
19 February 20241 KRW = 2.125 BIF
20 February 20241 KRW = 2.122 BIF
21 February 20241 KRW = 2.129 BIF
22 February 20241 KRW = 2.130 BIF
23 February 20241 KRW = 2.140 BIF
24 February 20241 KRW = 2.137 BIF
25 February 20241 KRW = 2.137 BIF
26 February 20241 KRW = 2.127 BIF
27 February 20241 KRW = 2.133 BIF
28 February 20241 KRW = 2.133 BIF
29 February 20241 KRW = 2.119 BIF

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.

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

30/06/2003: Second Currency Revaluation

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

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

30/06/1960: Independence from Belgium

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

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
KRW BIF July 2023
KRW BIF August 2023
KRW BIF September 2023
KRW BIF October 2023
KRW BIF November 2023
KRW BIF December 2023
KRW BIF January 2024
KRW BIF February 2024
KRW BIF March 2024
KRW BIF April 2024
KRW BIF May 2024
KRW BIF June 2024
KRW BIF July 2024