Convert Burundian Franc to Icelandic Króna
Please provide values below to convert Burundian Franc [BIF] to Icelandic Króna [ISK], or Convert Icelandic Króna to Burundian Franc.
How to Convert Burundian Franc to Icelandic Króna
1 BIF = 24.3937220394129 ISK
Example: convert 15 BIF to ISK:
15 BIF = 15 × 24.3937220394129 ISK = 365.905830591193 ISK
Burundian Franc to Icelandic Króna Conversion Table
Burundian Franc | Icelandic Króna |
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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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.