Convert Swedish Krona to Burundian Franc
Please provide values below to convert Swedish Krona [SEK] to Burundian Franc [BIF], or Convert Burundian Franc to Swedish Krona.
How to Convert Swedish Krona to Burundian Franc
1 SEK = 0.00321465518736718 BIF
Example: convert 15 SEK to BIF:
15 SEK = 15 × 0.00321465518736718 BIF = 0.0482198278105077 BIF
Swedish Krona to Burundian Franc Conversion Table
| Swedish Krona | Burundian Franc |
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Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.
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.