Historic South Korean Won Burundian Franc

South Korean Won burundian franc history for November 2023. The highest quote for this month is 2.1859 (21/11/2023) and the lowest 2.192 (30/11/2023). The difference between high and low is -0.28.

KRW BIF average rate for November 2023 is 2.16025, the change between 01/11/2023 and 30/11/2023 is -4.31 %.

01 November 20231 KRW = 2.103 BIF
02 November 20231 KRW = 2.086 BIF
03 November 20231 KRW = 2.106 BIF
06 November 20231 KRW = 2.134 BIF
07 November 20231 KRW = 2.177 BIF
08 November 20231 KRW = 2.165 BIF
09 November 20231 KRW = 2.157 BIF
10 November 20231 KRW = 2.146 BIF
12 November 20231 KRW = 2.147 BIF
13 November 20231 KRW = 2.126 BIF
14 November 20231 KRW = 2.142 BIF
15 November 20231 KRW = 2.167 BIF
16 November 20231 KRW = 2.170 BIF
17 November 20231 KRW = 2.187 BIF
18 November 20231 KRW = 2.184 BIF
19 November 20231 KRW = 2.184 BIF
20 November 20231 KRW = 2.165 BIF
21 November 20231 KRW = 2.195 BIF
22 November 20231 KRW = 2.182 BIF
23 November 20231 KRW = 2.168 BIF
24 November 20231 KRW = 2.168 BIF
26 November 20231 KRW = 2.171 BIF
27 November 20231 KRW = 2.177 BIF
28 November 20231 KRW = 2.171 BIF
29 November 20231 KRW = 2.196 BIF
30 November 20231 KRW = 2.194 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.