Convert Burundian Franc to Argentine Peso
Please provide values below to convert Burundian Franc [BIF] to Argentine Peso [ARS], or Convert Argentine Peso to Burundian Franc.
How to Convert Burundian Franc to Argentine Peso
1 BIF = 2.34486403879416 ARS
Example: convert 15 BIF to ARS:
15 BIF = 15 × 2.34486403879416 ARS = 35.1729605819124 ARS
Burundian Franc to Argentine Peso Conversion Table
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Burundian Franc
The Burundian Franc (BIF) is the official currency of Burundi, used for everyday transactions within the country.
History/Origin
The Burundian Franc was introduced in 1964, replacing the Belgian Congo franc, following Burundi's independence. It has undergone various redenominations and inflation adjustments over the years.
Current Use
Today, the BIF is widely used in Burundi for all monetary transactions, with coins and banknotes issued by the Central Bank of Burundi. It remains the legal tender in the country.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.