Convert Burundian Franc to Bitcoin
Please provide values below to convert Burundian Franc [BIF] to Bitcoin [BTC], or Convert Bitcoin to Burundian Franc.
How to Convert Burundian Franc to Bitcoin
1 BIF = 351364314.363899 BTC
Example: convert 15 BIF to BTC:
15 BIF = 15 × 351364314.363899 BTC = 5270464715.45849 BTC
Burundian Franc to Bitcoin 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.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.