Euro to Burundian franc — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Burundi

Currency Code, Symbol: BIF, FBu

Denominations of coins in circulation: 1, 5, 10, 50 francs

Denominations of banknotes in circulation: 100, 500, 1,000, 2,000, 5,000, 10,000 francs

History: The Burundian franc (FBu) is the main currency of Burundi and is not used for payment on the territory of other countries. On the international exchange markets, it is abbreviated to BIF. The currency is subdivided into centimes.One Burundian franc has 100 centimes. The currency was issued in 1964. Burundi has had new type of banknotes in circulation since 2015. Old notes can still be seen among population. However, the government is slowly confiscating them from the internal currency market. The notes feature pictures of a regular life of the country: harvest, grazing, and architectural, natural monuments with important political figures as well.Read More