Pound Sterling to Burundian franc — exchange rate

The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.

Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.

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.