Convert Saudi Riyal to Burundian Franc
Please provide values below to convert Saudi Riyal [SAR] to Burundian Franc [BIF], or Convert Burundian Franc to Saudi Riyal.
How to Convert Saudi Riyal to Burundian Franc
1 SAR = 0.00126305302145018 BIF
Example: convert 15 SAR to BIF:
15 SAR = 15 × 0.00126305302145018 BIF = 0.0189457953217527 BIF
Saudi Riyal to Burundian Franc Conversion Table
Saudi Riyal | Burundian Franc |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.