Countries that use the Burundi Franc
The Burundi Franc is an official national currency and used only in Burundi. 1 Franc is devided into 100 Centimes.
1.00 Burundi Franc = 0.0006 US Dollar
Exchange rate history 10000 BIF in USD
Burundi Franc as currency
Currency reserves for the Burundi Franc
According to the International Monetary Fund, the total broad money (M3) amounted to BIF 1,483.58 billion at the end of 2017. For currency hedging, reserves were held in a total amount of 197.95 billion Francs. This corresponds to a ratio of 1:7.5. In other words: Not even 1 of 8 Francs is deposited with a countervalue.
Approximately 2.3 billion Francs (1.2%) of the currency reserves exist in gold reserves, the remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.Worldwide currency and gold reserves
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