| Time series key
|
BBEX3.A.CDF.USD.CA.AC.A04 |
| Unit
|
CDF |
| Dimension
|
one |
| Timespan
|
from
1998 to
2023 |
| Last update
|
12.01.2024 02:12:47 PM |
| |
|
| Methodology
|
Until 2008 calculated on the basis of month-end rates, from 2009 on the basis of month-end buying and selling rates. |
| Source
|
Since 2009 Banque Centrale du Congo, Kinshasa September 2006 - December 2008 Fortis Bank, Brüssel January 1999 - August 2006 Banque Commerciale du Congo, Kinshasa, and Banque Belgolaise, Brüssel |
| |
|
| Comment on
2021 |
No exchange rate data are available from May to September 2021. |
| Comment on
2001 |
On 28 May 2001, the Congo franc was devalued sharply and the exchange rates were allowed to float freely. Calculated using the exchange rates from 25 May (USD 1 = CDF 50.00) and 28 May (USD 1 = CDF 310.00), the Congo franc was devalued by 83.9% |
| Comment on
2000 |
On 22 January 2000, the Congo franc was devalued by 48.8%, on 10 June 2000 by 61.7% and on 24 October 2000 by 53.0%. |
| Comment on
1999 |
On 6 April 1999, the Congo franc was devalued by 36.0%. |
| Comment on
1998 |
On 30 June 1998, the Congo franc was introduced as legal tender at a rate of 100,000 new zaires (ZRN) = 1 Congo franc (CDF); to calculate the annual average, the rates set in ZRN were converted at a rate of 100,000:1 and included in the calculation. |
