Convert Burundian Franc to South Korean Won
Please provide values below to convert Burundian Franc [BIF] to South Korean Won [KRW], or Convert South Korean Won to Burundian Franc.
How to Convert Burundian Franc to South Korean Won
1 BIF = 2.14744564330575 KRW
Example: convert 15 BIF to KRW:
15 BIF = 15 × 2.14744564330575 KRW = 32.2116846495862 KRW
Burundian Franc to South Korean Won Conversion Table
| Burundian Franc | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.