Convert Burundian Franc to Bermudan Dollar
Please provide values below to convert Burundian Franc [BIF] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Burundian Franc.
How to Convert Burundian Franc to Bermudan Dollar
1 BIF = 2968.9965 BMD
Example: convert 15 BIF to BMD:
15 BIF = 15 × 2968.9965 BMD = 44534.9475 BMD
Burundian Franc to Bermudan Dollar Conversion Table
| Burundian Franc | Bermudan Dollar |
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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.
Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.