Convert Burundian Franc to Turkish Lira
Please provide values below to convert Burundian Franc [BIF] to Turkish Lira [TRY], or Convert Turkish Lira to Burundian Franc.
How to Convert Burundian Franc to Turkish Lira
1 BIF = 73.4160511563845 TRY
Example: convert 15 BIF to TRY:
15 BIF = 15 × 73.4160511563845 TRY = 1101.24076734577 TRY
Burundian Franc to Turkish Lira Conversion Table
| Burundian Franc | Turkish Lira |
|---|
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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.