Convert Burundian Franc to Thai Baht
Please provide values below to convert Burundian Franc [BIF] to Thai Baht [THB], or Convert Thai Baht to Burundian Franc.
How to Convert Burundian Franc to Thai Baht
1 BIF = 92.1687941985434 THB
Example: convert 15 BIF to THB:
15 BIF = 15 × 92.1687941985434 THB = 1382.53191297815 THB
Burundian Franc to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.