Historic South Korean Won Burundian Franc

South Korean Won burundian franc history for October 2023. The highest quote for this month is 2.094 (11/10/2023) and the lowest 2.1041 (12/10/2023). The difference between high and low is -0.48.

KRW BIF average rate for October 2023 is 2.0654, the change between 01/10/2023 and 31/10/2023 is -0.32 %.

01 October 20231 KRW = 2.086 BIF
02 October 20231 KRW = 2.082 BIF
03 October 20231 KRW = 2.081 BIF
04 October 20231 KRW = 2.073 BIF
05 October 20231 KRW = 2.097 BIF
06 October 20231 KRW = 2.079 BIF
07 October 20231 KRW = 2.097 BIF
09 October 20231 KRW = 2.082 BIF
10 October 20231 KRW = 2.084 BIF
11 October 20231 KRW = 2.102 BIF
12 October 20231 KRW = 2.108 BIF
13 October 20231 KRW = 2.092 BIF
16 October 20231 KRW = 2.080 BIF
17 October 20231 KRW = 2.095 BIF
18 October 20231 KRW = 2.085 BIF
19 October 20231 KRW = 2.076 BIF
20 October 20231 KRW = 2.079 BIF
21 October 20231 KRW = 2.092 BIF
22 October 20231 KRW = 2.092 BIF
23 October 20231 KRW = 2.080 BIF
24 October 20231 KRW = 2.116 BIF
25 October 20231 KRW = 1.504 BIF
26 October 20231 KRW = 2.086 BIF
27 October 20231 KRW = 2.091 BIF
30 October 20231 KRW = 2.071 BIF
31 October 20231 KRW = 2.093 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
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