Convert Burundian Franc to Philippine Peso
Please provide values below to convert Burundian Franc [BIF] to Philippine Peso [PHP], or Convert Philippine Peso to Burundian Franc.
How to Convert Burundian Franc to Philippine Peso
1 BIF = 52.1404386545679 PHP
Example: convert 15 BIF to PHP:
15 BIF = 15 × 52.1404386545679 PHP = 782.106579818518 PHP
Burundian Franc to Philippine Peso 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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.