Convert Burundian Franc to Bulgarian Lev
Please provide values below to convert Burundian Franc [BIF] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Burundian Franc.
How to Convert Burundian Franc to Bulgarian Lev
1 BIF = 1780.40087550971 BGN
Example: convert 15 BIF to BGN:
15 BIF = 15 × 1780.40087550971 BGN = 26706.0131326457 BGN
Burundian Franc to Bulgarian Lev 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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.