Burundian franc
From Wikipedia, the free encyclopedia
| 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
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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 |
| Defunct | Algerian franc | Belgian franc | Cambodian franc | French Camerounian franc | French franc | Katangan franc | Gold-Franc | Luxembourgish franc | Malagasy franc | Malian franc | Monegasque franc | Moroccan franc | New Hebrides franc | Saar franc | Tunisian franc | Westphalian Frank |
de:Burundi-Franc fr:Franc burundais nl:Burundese frank tg:Франки Бурунди

