Convert Georgian Lari to Burundian Franc
Please provide values below to convert Georgian Lari [GEL] to Burundian Franc [BIF], or Convert Burundian Franc to Georgian Lari.
How to Convert Georgian Lari to Burundian Franc
1 GEL = 0.000912564228351229 BIF
Example: convert 15 GEL to BIF:
15 GEL = 15 × 0.000912564228351229 BIF = 0.0136884634252684 BIF
Georgian Lari to Burundian Franc Conversion Table
| Georgian Lari | Burundian Franc |
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Georgian Lari
The Georgian Lari (GEL) is the official currency of Georgia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Georgian Lari was introduced in 1995, replacing the Georgian coupon as the country's official currency, to stabilize the economy and establish a national monetary system.
Current Use
The GEL is actively used in Georgia for all forms of financial transactions, including cash, banking, and electronic payments, and is managed by the National Bank of Georgia.
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.