Burundian franc currency | Burundi Bank Notes

Burundian Franc

Burundian franc Currency:

Official currency of Burundi is Burundian franc and it is subdivided into 100 centimes, but coins have never been issued in centimes since Burundi began issuing its own currency.When Belguim occupied Burundi in 1916,Belgian Congo franc became official currency and it replaced the German East African rupie. The Belgian Congo Franc was replaced with the Burundi and Rwanda Franc in 1960. In 1964, Burundi began issuing its own francs.

The Bank of the Kingdom of Burundi issued the coins in 1965 in the denominations of 1 franc. Bank of the Republic of Burundi took over the issuance of coins in 1968. It introduced the coins in the denominations of 1, 5, 10, 50, 100 francs. Bank of the Republic of Burundi issued the bank notes in the denominations of 10, 20, 50, 100, 500, 1,000 and 5,000 francs. In 1968, 10 francs were replaced by coins. 2,000 and 10,000 notes were issued in 2001 and 2004, respectively. Burundi launched a new series of banknotes in 2015. During the launch of new series 100 notes were replaced by coins and the 10, 20, and 50 franc banknotes have lost their legal tender status. Currently, 100, 500, 1,000, 2,000, 5,000, 10,000 francs banknotes are in circulation.

Burundian Franc

Burundi Franc (Burundi):

Code: BIF

Symbol: FBu

Subunit:

1/100 =centime

Banknotes:

100, 500, 1,000, 2,000, 5,000, 10,000 francs

Coins:

1, 5, 10, 50, 100 francs

Central bank:

Banque de la Republique du Burundi (IbankiyaRepublikaY'UBurundi)