Convert Kuwaiti Dinar to Burundian Franc
Please provide values below to convert Kuwaiti Dinar [KWD] to Burundian Franc [BIF], or Convert Burundian Franc to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Burundian Franc
1 KWD = 0.000102863038066902 BIF
Example: convert 15 KWD to BIF:
15 KWD = 15 × 0.000102863038066902 BIF = 0.00154294557100354 BIF
Kuwaiti Dinar to Burundian Franc Conversion Table
| Kuwaiti Dinar | Burundian Franc |
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.
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.