Convert Burundian Franc to Ugandan Shilling
Please provide values below to convert Burundian Franc [BIF] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Burundian Franc.
How to Convert Burundian Franc to Ugandan Shilling
1 BIF = 0.832521840895551 UGX
Example: convert 15 BIF to UGX:
15 BIF = 15 × 0.832521840895551 UGX = 12.4878276134333 UGX
Burundian Franc to Ugandan Shilling Conversion Table
Burundian Franc | Ugandan Shilling |
---|
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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.