Convert Burundian Franc to Swedish Krona
Please provide values below to convert Burundian Franc [BIF] to Swedish Krona [SEK], or Convert Swedish Krona to Burundian Franc.
How to Convert Burundian Franc to Swedish Krona
1 BIF = 311.075353876136 SEK
Example: convert 15 BIF to SEK:
15 BIF = 15 × 311.075353876136 SEK = 4666.13030814203 SEK
Burundian Franc to Swedish Krona Conversion Table
| Burundian Franc | Swedish Krona |
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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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.