About the Burundian Franc
The Burundian Franc was introduced in 1964, replacing the Rwanda and Burundi Franc after the two countries dissolved their currency union.
The name 'Franc' is inherited from the former colonial power, Belgium, and its currency, the Belgian Franc.
Interesting Facts
A Prince on a Banknote
The 5000 franc banknote features a portrait of Prince Louis Rwagasore, a hero of the independence movement and former Prime Minister.
Coat of Arms
The national coat of arms, featuring a lion's head, is prominently displayed on most coins and banknotes.
Coffee and Tea Economy
The Burundian economy and the value of its franc are heavily dependent on the export of coffee and tea.
Historical Timeline
The Belgian Congolese Franc is introduced in Ruanda-Urundi.
The Rwanda and Burundi Franc is introduced.
Burundi gains independence from Belgium.
The Burundian Franc is established as the national currency.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- BIF
- Symbol
- FBu
- Numeric Code
- 108
- Subunit
- Centime (1/100)
- Introduced
- 1964-05-19
Central Bank
- Name
- Bank of the Republic of Burundi
- Headquarters
- Bujumbura, Burundi
- Founded
- 1964
- Current Governor
- Dieudonné Murengerantwari (since 2022)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 26.8%
- Interest Rate
- 10.0%
Exchange Rates
What Affects the BIF Exchange Rate?
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