Convert Burundian Franc to Chinese Yuan (Offshore)
Please provide values below to convert Burundian Franc [BIF] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Burundian Franc.
How to Convert Burundian Franc to Chinese Yuan (Offshore)
1 BIF = 413.998275679113 CNH
Example: convert 15 BIF to CNH:
15 BIF = 15 × 413.998275679113 CNH = 6209.9741351867 CNH
Burundian Franc to Chinese Yuan (Offshore) Conversion Table
| Burundian Franc | Chinese Yuan (Offshore) |
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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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.