Convert Burundian Franc to Saudi Riyal
Please provide values below to convert Burundian Franc [BIF] to Saudi Riyal [SAR], or Convert Saudi Riyal to Burundian Franc.
How to Convert Burundian Franc to Saudi Riyal
1 BIF = 791.7324 SAR
Example: convert 15 BIF to SAR:
15 BIF = 15 × 791.7324 SAR = 11875.986 SAR
Burundian Franc to Saudi Riyal Conversion Table
| Burundian Franc | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.