Convert Malaysian Ringgit to Burundian Franc
Please provide values below to convert Malaysian Ringgit [MYR] to Burundian Franc [BIF], or Convert Burundian Franc to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Burundian Franc
1 MYR = 0.00142519534799047 BIF
Example: convert 15 MYR to BIF:
15 MYR = 15 × 0.00142519534799047 BIF = 0.0213779302198571 BIF
Malaysian Ringgit to Burundian Franc Conversion Table
| Malaysian Ringgit | Burundian Franc |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.