Burundian Franc · BIF

Fr symbol · 1 country currently using this currency.

Currency info

Adopted: 1960

Currency family: Franc

The Burundian franc is subdivided into 100 centimes, though centimes are rarely used in circulation due to inflation.

Introduced in 1960 following Burundi's independence from Belgian-administered trusteeship territory
Replaced the Belgian franc and Rwandan franc as Burundi's official currency
Experienced significant devaluation during the 1990s civil conflict
Pegged to various international currencies throughout its history for monetary stability
Remains the sole legal tender in Burundi with the Central Bank of Burundi as issuing authority

Countries currently using this currency

Related

Other Franc currencies

Central African CFA franc (XAF)Comorian franc (KMF)Congolese franc (CDF)Djiboutian franc (DJF)Guinean franc (GNF)Rwandan Franc (RWF)Swiss franc (CHF)West African CFA franc (XOF)

Historical predecessor

Belgian franc