Convert Burundian Franc to Malawian Kwacha
Please provide values below to convert Burundian Franc [BIF] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Burundian Franc.
How to Convert Burundian Franc to Malawian Kwacha
1 BIF = 1.70289905570723 MWK
Example: convert 15 BIF to MWK:
15 BIF = 15 × 1.70289905570723 MWK = 25.5434858356085 MWK
Burundian Franc to Malawian Kwacha Conversion Table
| Burundian Franc | Malawian Kwacha |
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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.
Malawian Kwacha
The Malawian Kwacha (MWK) is the official currency of Malawi, used for all monetary transactions within the country.
History/Origin
The Malawian Kwacha was introduced in 1971, replacing the Malawian Pound, as part of Malawi's monetary reform to establish a national currency.
Current Use
Today, the MWK is actively used in Malawi for everyday transactions, banking, and trade, with coins and banknotes issued by the Reserve Bank of Malawi.