Convert Burundian Franc to Cayman Islands Dollar
Please provide values below to convert Burundian Franc [BIF] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Burundian Franc.
How to Convert Burundian Franc to Cayman Islands Dollar
1 BIF = 3562.9383175327 KYD
Example: convert 15 BIF to KYD:
15 BIF = 15 × 3562.9383175327 KYD = 53444.0747629905 KYD
Burundian Franc to Cayman Islands Dollar Conversion Table
| Burundian Franc | Cayman Islands Dollar |
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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.
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.