Historic Qatari Rial Burundian Franc

Qatari Rial burundian franc history for February 2024. The highest quote for this month is 785.19 (05/02/2024) and the lowest 780.6 (24/02/2024). The difference between high and low is 0.58.

QAR BIF average rate for February 2024 is 779.55889, the change between 01/02/2024 and 29/02/2024 is +0.26 %.

01 February 20241 QAR = 778.6 BIF
02 February 20241 QAR = 778.9 BIF
03 February 20241 QAR = 779.8 BIF
04 February 20241 QAR = 779.8 BIF
05 February 20241 QAR = 784.1 BIF
06 February 20241 QAR = 777.9 BIF
07 February 20241 QAR = 779.9 BIF
08 February 20241 QAR = 779.7 BIF
09 February 20241 QAR = 778.5 BIF
12 February 20241 QAR = 776.7 BIF
13 February 20241 QAR = 780.3 BIF
14 February 20241 QAR = 780.0 BIF
15 February 20241 QAR = 779.8 BIF
16 February 20241 QAR = 780.5 BIF
17 February 20241 QAR = 780.3 BIF
18 February 20241 QAR = 780.3 BIF
19 February 20241 QAR = 777.7 BIF
20 February 20241 QAR = 777.4 BIF
21 February 20241 QAR = 780.5 BIF
22 February 20241 QAR = 780.3 BIF
23 February 20241 QAR = 780.5 BIF
24 February 20241 QAR = 780.6 BIF
25 February 20241 QAR = 780.6 BIF
26 February 20241 QAR = 777.3 BIF
27 February 20241 QAR = 780.7 BIF
28 February 20241 QAR = 780.9 BIF
29 February 20241 QAR = 776.6 BIF

01/01/2021: Launch of a digital currency pilot program

Qatar announced the launch of a pilot program to test the use of a digital currency as part of its efforts to introduce blockchain technology in the financial sector.

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.

05/06/2017: Qatar diplomatic crisis affects the currency

Following the diplomatic crisis and blockade imposed by neighboring countries, the Qatari rial faced volatility and depreciated against major currencies.

27/05/2015: Qatari rial pegged to a basket of currencies

The Qatari rial's peg was diversified to include a basket of currencies, reducing its dependence on the US dollar.

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.

30/06/2003: Second Currency Revaluation

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

08/06/2001: Creation of the Qatar Central Bank

The Qatar Central Bank was established to replace the Qatar Currency Board and assume the responsibility of regulating the Qatari rial.

27/07/1997: Qatar Currency Board established

The Qatar Currency Board was established to regulate the issuance and circulation of the Qatari rial and maintain its stability.

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.

27/03/1976: Currency pegged to the US Dollar

The Qatari rial was pegged to the US dollar at a fixed exchange rate of 1 USD = 3.64 QAR to stabilize its value and promote trade.

24/06/1973: Introduction of Qatari Rial

Qatar officially introduced the Qatari rial as its currency, replacing the Gulf rupee at a rate of 1 rial = 1.65 rupees.

30/06/1960: Independence from Belgium

Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.
QAR BIF January 2024
QAR BIF February 2024
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QAR BIF January 2025