Convert Macedonian Denar to Burundian Franc
Please provide values below to convert Macedonian Denar [MKD] to Burundian Franc [BIF], or Convert Burundian Franc to Macedonian Denar.
How to Convert Macedonian Denar to Burundian Franc
1 MKD = 0.0177992126295871 BIF
Example: convert 15 MKD to BIF:
15 MKD = 15 × 0.0177992126295871 BIF = 0.266988189443807 BIF
Macedonian Denar to Burundian Franc Conversion Table
| Macedonian Denar | Burundian Franc |
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Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.
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.