Convert New Taiwan Dollar to Burundian Franc
Please provide values below to convert New Taiwan Dollar [TWD] to Burundian Franc [BIF], or Convert Burundian Franc to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Burundian Franc
1 TWD = 0.00989054719330252 BIF
Example: convert 15 TWD to BIF:
15 TWD = 15 × 0.00989054719330252 BIF = 0.148358207899538 BIF
New Taiwan Dollar to Burundian Franc Conversion Table
| New Taiwan Dollar | Burundian Franc |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.