Convert British Pound Sterling to Burundian Franc
Please provide values below to convert British Pound Sterling [GBP] to Burundian Franc [BIF], or Convert Burundian Franc to British Pound Sterling.
How to Convert British Pound Sterling to Burundian Franc
1 GBP = 0.000249309825727312 BIF
Example: convert 15 GBP to BIF:
15 GBP = 15 × 0.000249309825727312 BIF = 0.00373964738590968 BIF
British Pound Sterling to Burundian Franc Conversion Table
| British Pound Sterling | Burundian Franc |
|---|
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.