Convert Burundian Franc to Kuwaiti Dinar
Please provide values below to convert Burundian Franc [BIF] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Burundian Franc.
How to Convert Burundian Franc to Kuwaiti Dinar
1 BIF = 9721.66502946955 KWD
Example: convert 15 BIF to KWD:
15 BIF = 15 × 9721.66502946955 KWD = 145824.975442043 KWD
Burundian Franc to Kuwaiti Dinar 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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.