Convert Mexican Peso to Burundian Franc
Please provide values below to convert Mexican Peso [MXN] to Burundian Franc [BIF], or Convert Burundian Franc to Mexican Peso.
How to Convert Mexican Peso to Burundian Franc
1 MXN = 0.00627963017133904 BIF
Example: convert 15 MXN to BIF:
15 MXN = 15 × 0.00627963017133904 BIF = 0.0941944525700855 BIF
Mexican Peso to Burundian Franc Conversion Table
| Mexican Peso | Burundian Franc |
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.