Convert Burundian Franc to Swiss Franc
Please provide values below to convert Burundian Franc [BIF] to Swiss Franc [CHF], or Convert Swiss Franc to Burundian Franc.
How to Convert Burundian Franc to Swiss Franc
1 BIF = 3735.05661089445 CHF
Example: convert 15 BIF to CHF:
15 BIF = 15 × 3735.05661089445 CHF = 56025.8491634168 CHF
Burundian Franc to Swiss Franc 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.
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.