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Burundian franc

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Burundian franc
franc burundais (French)
Image:Burundi 2006 circulating coins.jpg
All coins of the Burundian franc
ISO 4217 Code BIF
User(s) Burundi
Inflation 16%
Source The World Factbook, 2005 est.
Subunit
1/100 centime
Symbol FBu
Coins 1, 5, 10 francs
Banknotes 10, 20, 50, 100, 500, 1000, 2000, 5000, 10000 francs
Central bank Burundi Central Bank
Website www.brb.bi

The franc (ISO 4217 code is BIF) is the currency of Burundi. It is nominally subdivided into 100 centimes, although coins have never been issued in centimes since Burundi began issuing its own currency. Only during the period when Burundi used the Belgian Congo franc were centime coins issued.

Contents

[edit] History

The franc became the currency of Burundi in 1916, when Belgium occupied the former German colony and replaced the German East African rupie with the Belgian Congo franc. Burundi used the currency of Belgian Congo until 1960, when it began issuing its own francs.

[edit] Coins

Issues come in denominations of:

  • 1 franc of aluminium-bronze in 1965 and aluminium since 1976
  • 5 francs of aluminium in 1976 and 1980.
  • 10 francs of cupronickel in 1968 and 1971.

[edit] Banknotes

It seems likely that, with the 2005 issue of 10 and 20 franc notes and given the small value of 10 and 20 francs, as well as the economic situation, that coins have fallen out of use.

  • 10 francs
  • 20 francs
  • 50 francs
  • 100 francs
  • 500 francs
  • 1000 francs
  • 2000 francs
  • 5000 francs
  • 10000 francs

[edit] Historical exchange rates

In March 2005 the exchange rate per U.S. dollar was 547.96. And on the 3 January 2006 was valued at 925 per US$1

Current BIF exchange rates
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[edit] External links


Francs
Current Burundian franc | CFA franc | CFP franc | Comorian franc | Congolese franc | Djiboutian franc | Guinean franc | Liechtenstein frank | Rwandan franc | Swiss franc | UIC franc
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Currencies of Africa
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Central Angolan kwanza | Burundian franc | Central African CFA franc (Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon) | Congolese franc | Rwandan franc
West Cape Verdean escudo | Euro ( Canary Islands, Madeira) | Gambian dalasi | Ghanaian cedi | Guinean franc | Liberian dollar | Nigerian naira | São Tomé and Príncipe dobra | Sierra Leonean leone | West African CFA franc (Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo)
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ca:Franc de Burundi

de:Burundi-Franc fr:Franc burundais nl:Burundese frank tg:Франки Бурунди

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