Burundian Franc

Burundian Franc

The franc (ISO 4217 code is BIF) is the currency of Burundi. It is nominally subdivided into 100 centimes, although coins have never been issued in centimes since Burundi began issuing its own currency. Only during the period when Burundi used the Belgian Congo franc were centime coins issued.

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

128 Burundian Franc to South African Rand exchange rates chart

128 BIF to ZAR exchange rates graph
128 BIF to ZAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

128 BIF to ZAR exchange rates table

Exchange BIF to ZAR
128 Burundian Franc = 0.980 South African Rand
256 Burundian Franc = 1.960 South African Rand
640 Burundian Franc = 4.900 South African Rand
1280 Burundian Franc = 9.800 South African Rand
Exchange Burundian Franc to South African Rand
128 Burundian Franc to South African Rand Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

128 BIF to ZAR exchange rates news

Foreign currency prices collapse on black market
Foreign currency prices collapse on black market

IWACU aims to give a voice to all voices of Burundi about politics, economics, society, justice, health, environment, culture, sport... IWACU English News follows the informations on Burundi and gives you the best of it.

about 1 month indicative negative
US Dollar Now Trading At Parity With The Swiss Franc

US Dollar now trading at parity with the Swiss Franc

9 months conditional neutral
Activists in Dakar Demand End to Colonial-era Currency

A change is unlikely, however, as there is no alternative to CFA franc in sight

over 1 year subjunctive neutral
Burundi: Acute Food Insecurity Situation July - September 2017 and Projection for October - December 2017

The current IPC analysis has counted 1.76 million people (18% of the Burundian population) in the humanitarian phase (IPC Phases 3 and 4). This reflects a slight improvement compared to the same period last year, with 3% of the population in Phase 4 in 2017, compared to 5% in 2016. The Imbo plain is the most affected and most vulnerable to food insecurity with 35% of the population in a food crisis and 4% in the emergency phase (IPC Phase 4) in 2017 B against 14% and 6% respectively in 2016B. The previous poor crop season left significant sequelae that even the good harvests of the 2017B season could not fully compensate, leading to a small increase in food security. The socio-economic crisis, which has become more pronounced since 2015, is increasingly affecting the livelihoods of households. Loss of economic opportunities, greater dependence on the market as prices continue to rise and erosion of purchasing power, make households' access to food ever more difficult.

over 1 year conditional neutral
Rand gains ahead of GDP data

The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.

about 2 months conditional positive
South Africa's Rand Falls to 2-Year Low As Turkey Rout Spreads

Magnitude of rand's slide came after three days of heavy losses and caught South African Reserve Bank by surprise, but deputy governor at bank told Reuters that regulator was 'nowhere near' intervening to support currency

about 2 months conditional positive

128 BIF to ZAR currency converter