Convert Burundian Franc to Moroccan Dirham
Please provide values below to convert Burundian Franc [BIF] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Burundian Franc.
How to Convert Burundian Franc to Moroccan Dirham
1 BIF = 329.58454980407 MAD
Example: convert 15 BIF to MAD:
15 BIF = 15 × 329.58454980407 MAD = 4943.76824706104 MAD
Burundian Franc to Moroccan Dirham Conversion Table
Burundian Franc | Moroccan Dirham |
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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.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.