Convert Namibian Dollar to Burundian Franc
Please provide values below to convert Namibian Dollar [NAD] to Burundian Franc [BIF], or Convert Burundian Franc to Namibian Dollar.
How to Convert Namibian Dollar to Burundian Franc
1 NAD = 0.00591671293650902 BIF
Example: convert 15 NAD to BIF:
15 NAD = 15 × 0.00591671293650902 BIF = 0.0887506940476353 BIF
Namibian Dollar to Burundian Franc Conversion Table
| Namibian Dollar | Burundian Franc |
|---|
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.
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.