Convert Bulgarian Lev to Burundian Franc
Please provide values below to convert Bulgarian Lev [BGN] to Burundian Franc [BIF], or Convert Burundian Franc to Bulgarian Lev.
How to Convert Bulgarian Lev to Burundian Franc
1 BGN = 0.000561671258285417 BIF
Example: convert 15 BGN to BIF:
15 BGN = 15 × 0.000561671258285417 BIF = 0.00842506887428126 BIF
Bulgarian Lev to Burundian Franc Conversion Table
Bulgarian Lev | Burundian Franc |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.