Convert Swiss Franc to Burundian Franc
Please provide values below to convert Swiss Franc [CHF] to Burundian Franc [BIF], or Convert Burundian Franc to Swiss Franc.
How to Convert Swiss Franc to Burundian Franc
1 CHF = 0.000267733559133532 BIF
Example: convert 15 CHF to BIF:
15 CHF = 15 × 0.000267733559133532 BIF = 0.00401600338700298 BIF
Swiss Franc to Burundian Franc Conversion Table
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.