Convert Cuban Peso to Burundian Franc
Please provide values below to convert Cuban Peso [CUP] to Burundian Franc [BIF], or Convert Burundian Franc to Cuban Peso.
How to Convert Cuban Peso to Burundian Franc
1 CUP = 0.00808353933728113 BIF
Example: convert 15 CUP to BIF:
15 CUP = 15 × 0.00808353933728113 BIF = 0.121253090059217 BIF
Cuban Peso to Burundian Franc Conversion Table
| Cuban Peso | Burundian Franc |
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Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.
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.