BIF (FBu)

Currency: Burundian Franc

The Burundian franc is the official currency of Burundi. It is subdivided into 100 centimes. The franc was introduced in 1960, replacing the Belgian Congo franc. The Burundian Franc is the official currency of Burundi. It was introduced in 1960, replacing the Belgian Congo franc. The currency is issued by the Bank of the Republic of Burundi and is subdivided into 100 centimes. The franc has been subject to high inflation, and the government has had to issue new banknotes in higher denominations to keep up with the rising cost of living. Despite this, the franc remains an important currency in the region.