Convert Burundian Franc to Australian Dollar
Please provide values below to convert Burundian Franc [BIF] to Australian Dollar [AUD], or Convert Australian Dollar to Burundian Franc.
How to Convert Burundian Franc to Australian Dollar
1 BIF = 1941.53577033743 AUD
Example: convert 15 BIF to AUD:
15 BIF = 15 × 1941.53577033743 AUD = 29123.0365550615 AUD
Burundian Franc to Australian Dollar Conversion Table
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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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.