Convert Burundian Franc to Lebanese Pound
Please provide values below to convert Burundian Franc [BIF] to Lebanese Pound [LBP], or Convert Lebanese Pound to Burundian Franc.
How to Convert Burundian Franc to Lebanese Pound
1 BIF = 0.0331731452513966 LBP
Example: convert 15 BIF to LBP:
15 BIF = 15 × 0.0331731452513966 LBP = 0.49759717877095 LBP
Burundian Franc to Lebanese Pound 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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.