Historic Panamanian Balboa Burundian Franc

Panamanian Balboa burundian franc history for February 2024. The highest quote for this month is 2907.59 (27/02/2024) and the lowest 2898.26 (28/02/2024). The difference between high and low is 0.32.

PAB BIF average rate for February 2024 is 2888.45037, the change between 01/02/2024 and 29/02/2024 is +0.25 %.

01 February 20241 PAB = 2905.12 BIF
02 February 20241 PAB = 2901.85 BIF
03 February 20241 PAB = 2838.36 BIF
04 February 20241 PAB = 2838.36 BIF
05 February 20241 PAB = 2894.30 BIF
06 February 20241 PAB = 2895.10 BIF
07 February 20241 PAB = 2903.63 BIF
08 February 20241 PAB = 2903.89 BIF
09 February 20241 PAB = 2898.57 BIF
12 February 20241 PAB = 2895.28 BIF
13 February 20241 PAB = 2906.72 BIF
14 February 20241 PAB = 2905.30 BIF
15 February 20241 PAB = 2904.74 BIF
16 February 20241 PAB = 2908.79 BIF
17 February 20241 PAB = 2840.23 BIF
18 February 20241 PAB = 2840.23 BIF
19 February 20241 PAB = 2896.75 BIF
20 February 20241 PAB = 2896.74 BIF
21 February 20241 PAB = 2907.02 BIF
22 February 20241 PAB = 2906.40 BIF
23 February 20241 PAB = 2905.74 BIF
24 February 20241 PAB = 2841.40 BIF
25 February 20241 PAB = 2841.40 BIF
26 February 20241 PAB = 2897.70 BIF
27 February 20241 PAB = 2907.52 BIF
28 February 20241 PAB = 2909.03 BIF
29 February 20241 PAB = 2897.99 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.

01/01/2011: Replacement of Paper Banknotes with Polymer Banknotes

Panama replaced the paper banknotes with polymer banknotes to enhance durability and security of the Balboa currency.

30/06/2003: Second Currency Revaluation

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

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.

31/03/1983: Currency Control Law Implemented

Panama implemented a currency control law to regulate the use and circulation of the Balboa and prevent counterfeiting.

30/06/1960: Independence from Belgium

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

15/10/1941: First Issue of Panamanian Balboa Banknotes

The first series of paper banknotes denominated in Balboa were issued by the Panamanian Currency Board.

01/10/1941: Introduction of the Balboa as Legal Tender

The Panamanian government introduced the Balboa as a legal tender, equivalent in value to the US dollar.

01/10/1908: Creation of Panamanian Currency Board

The Panamanian Currency Board was established to issue paper money and stabilize the monetary system.

01/01/1907: Use of US Dollar in Panama

The US dollar became the official currency of Panama due to the presence of American workers during the canal construction.

18/11/1904: Panama Canal Construction Begins

The construction of the Panama Canal started, which would later lead to the need for a national currency.
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PAB BIF February 2024
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PAB BIF January 2025