Convert Burundian Franc to Norwegian Krone
Please provide values below to convert Burundian Franc [BIF] to Norwegian Krone [NOK], or Convert Norwegian Krone to Burundian Franc.
How to Convert Burundian Franc to Norwegian Krone
1 BIF = 293.617011807987 NOK
Example: convert 15 BIF to NOK:
15 BIF = 15 × 293.617011807987 NOK = 4404.2551771198 NOK
Burundian Franc to Norwegian Krone Conversion Table
| Burundian Franc | Norwegian Krone |
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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.
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.