Convert Peruvian Nuevo Sol to Burundian Franc
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Burundian Franc [BIF], or Convert Burundian Franc to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Burundian Franc
1 PEN = 0.00119828366251021 BIF
Example: convert 15 PEN to BIF:
15 PEN = 15 × 0.00119828366251021 BIF = 0.0179742549376532 BIF
Peruvian Nuevo Sol to Burundian Franc Conversion Table
| Peruvian Nuevo Sol | Burundian Franc |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.