Convert Burundian Franc to Brazilian Real
Please provide values below to convert Burundian Franc [BIF] to Brazilian Real [BRL], or Convert Brazilian Real to Burundian Franc.
How to Convert Burundian Franc to Brazilian Real
1 BIF = 533.320729297647 BRL
Example: convert 15 BIF to BRL:
15 BIF = 15 × 533.320729297647 BRL = 7999.8109394647 BRL
Burundian Franc to Brazilian Real 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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.