Convert Moroccan Dirham to Burundian Franc
Please provide values below to convert Moroccan Dirham [MAD] to Burundian Franc [BIF], or Convert Burundian Franc to Moroccan Dirham.
How to Convert Moroccan Dirham to Burundian Franc
1 MAD = 0.00303412280883457 BIF
Example: convert 15 MAD to BIF:
15 MAD = 15 × 0.00303412280883457 BIF = 0.0455118421325185 BIF
Moroccan Dirham to Burundian Franc Conversion Table
| Moroccan Dirham | Burundian Franc |
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
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.