Convert Tanzanian Shilling to Burundian Franc
Please provide values below to convert Tanzanian Shilling [TZS] to Burundian Franc [BIF], or Convert Burundian Franc to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Burundian Franc
1 TZS = 0.865653159240841 BIF
Example: convert 15 TZS to BIF:
15 TZS = 15 × 0.865653159240841 BIF = 12.9847973886126 BIF
Tanzanian Shilling to Burundian Franc Conversion Table
| Tanzanian Shilling | Burundian Franc |
|---|
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.
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.