Convert Burundian Franc to Macedonian Denar
Please provide values below to convert Burundian Franc [BIF] to Macedonian Denar [MKD], or Convert Macedonian Denar to Burundian Franc.
How to Convert Burundian Franc to Macedonian Denar
1 BIF = 56.1822604634616 MKD
Example: convert 15 BIF to MKD:
15 BIF = 15 × 56.1822604634616 MKD = 842.733906951924 MKD
Burundian Franc to Macedonian Denar Conversion Table
| Burundian Franc | Macedonian Denar |
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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.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.