Convert Burundian Franc to Israeli New Sheqel
Please provide values below to convert Burundian Franc [BIF] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Burundian Franc.
How to Convert Burundian Franc to Israeli New Sheqel
1 BIF = 887.592376681614 ILS
Example: convert 15 BIF to ILS:
15 BIF = 15 × 887.592376681614 ILS = 13313.8856502242 ILS
Burundian Franc to Israeli New Sheqel Conversion Table
| Burundian Franc | Israeli New Sheqel |
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Burundian Franc
The Burundian Franc (BIF) is the official currency of Burundi, used for everyday transactions within the country.
History/Origin
The Burundian Franc was introduced in 1964, replacing the Belgian Congo franc, following Burundi's independence. It has undergone various redenominations and inflation adjustments over the years.
Current Use
Today, the BIF is widely used in Burundi for all monetary transactions, with coins and banknotes issued by the Central Bank of Burundi. It remains the legal tender in the country.
Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.