Convert Burundian Franc to Nigerian Naira
Please provide values below to convert Burundian Franc [BIF] to Nigerian Naira [NGN], or Convert Nigerian Naira to Burundian Franc.
How to Convert Burundian Franc to Nigerian Naira
1 BIF = 1.939629499624 NGN
Example: convert 15 BIF to NGN:
15 BIF = 15 × 1.939629499624 NGN = 29.0944424943599 NGN
Burundian Franc to Nigerian Naira Conversion Table
| Burundian Franc | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.