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.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

2373 Burundian Franc to British Pound exchange rates chart

2373 BIF to GBP exchange rates graph
2373 BIF to GBP 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.

2373 BIF to GBP exchange rates table

Exchange BIF to GBP
2373 Burundian Franc = 1.019 British Pound
4746 Burundian Franc = 2.039 British Pound
11865 Burundian Franc = 5.097 British Pound
23730 Burundian Franc = 10.194 British Pound
Exchange Burundian Franc to British Pound
2373 Burundian Franc to British Pound 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.

2373 BIF to GBP 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
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

12 days indicative negative

2373 BIF to GBP currency converter