Convert Burundian Franc to Papua New Guinean Kina
Please provide values below to convert Burundian Franc [BIF] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Burundian Franc.
How to Convert Burundian Franc to Papua New Guinean Kina
1 BIF = 707.004929275611 PGK
Example: convert 15 BIF to PGK:
15 BIF = 15 × 707.004929275611 PGK = 10605.0739391342 PGK
Burundian Franc to Papua New Guinean Kina Conversion Table
| Burundian Franc | Papua New Guinean Kina |
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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.
Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.