Historic Qatari Rial Burundian Franc

Qatari Rial burundian franc history for January 2024. The highest quote for this month is 780.38 (26/01/2024) and the lowest 779.47 (28/01/2024). The difference between high and low is 0.12.

QAR BIF average rate for January 2024 is 777.94963, the change between 01/01/2024 and 31/01/2024 is -0.29 %.

01 January 20241 QAR = 777.4 BIF
02 January 20241 QAR = 778.0 BIF
03 January 20241 QAR = 777.7 BIF
04 January 20241 QAR = 777.8 BIF
05 January 20241 QAR = 778.3 BIF
06 January 20241 QAR = 778.6 BIF
07 January 20241 QAR = 778.6 BIF
08 January 20241 QAR = 773.8 BIF
09 January 20241 QAR = 778.8 BIF
10 January 20241 QAR = 775.8 BIF
11 January 20241 QAR = 778.1 BIF
12 January 20241 QAR = 778.5 BIF
14 January 20241 QAR = 778.9 BIF
15 January 20241 QAR = 775.2 BIF
16 January 20241 QAR = 775.2 BIF
17 January 20241 QAR = 777.4 BIF
18 January 20241 QAR = 779.0 BIF
19 January 20241 QAR = 779.2 BIF
22 January 20241 QAR = 776.0 BIF
23 January 20241 QAR = 778.5 BIF
24 January 20241 QAR = 778.8 BIF
25 January 20241 QAR = 779.3 BIF
26 January 20241 QAR = 779.7 BIF
28 January 20241 QAR = 779.5 BIF
29 January 20241 QAR = 777.6 BIF
30 January 20241 QAR = 779.2 BIF
31 January 20241 QAR = 779.7 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
QAR BIF March 2024
QAR BIF April 2024
QAR BIF May 2024
QAR BIF June 2024
QAR BIF July 2024
QAR BIF August 2024
QAR BIF September 2024
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QAR BIF November 2024
QAR BIF December 2024
QAR BIF January 2025