Convert Burundian Franc to Euro
Please provide values below to convert Burundian Franc [BIF] to Euro [EUR], or Convert Euro to Burundian Franc.
How to Convert Burundian Franc to Euro
1 BIF = 3481.87697900786 EUR
Example: convert 15 BIF to EUR:
15 BIF = 15 × 3481.87697900786 EUR = 52228.1546851179 EUR
Burundian Franc to Euro 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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.