The Burundian Franc (ISO 4217 code: 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.
Burundi had used franc-denominated currency since 1916, when Belgium occupied the former German colony and replaced the German East African rupie with the Belgian Congo franc. Burundi used the currency of Belgian Congo until 1960, when the Rwanda and Burundi franc was introduced.
Burundi began issuing its own francs in 1964, initially banknotes and then coins since 1965. |