Get the best exchange rate between US dollars and Burundian franc
If you’re planning a trip to Burundi and need to exchange currencies, check the mid-market exchange rate between the US dollar and the Burundian franc. You can then compare this rate to the rate you’re offered by local money changers at the airport to get the best exchange rate.
For smaller currencies like the Burundian franc, you’ll usually be able to get a better exchange rate by exchanging your US dollars after you arrive in the country instead of in the United States.
People who’re sending money to Burundi should compare exchange rates offered by various online money transfer services before making a transaction. When compared to banks, these service providers generally offer:
Competitive exchange rates
Faster transaction times
Cash pick-up in the country you’re sending to
The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
$1, $5, $10, $20, $50, $100
1c, 5c, 10c, 25c, 50c
The Burundi franc is the official currency of Burundi, a landlocked East African country. Its economy is weak, with 53% people living below the poverty line. It relies on humanitarian help from other countries.
100, 500, 1,000, 2,000, 5,000, 10,000 francs
1, 5, 10, 50 francs
What affects exchange rates between the US dollar and the Burundian franc?
The exchange rate between the US dollar and the Burundian franc can be affected by many different factors like economic and political events in both Burundi, the United States, and around the world.
Interest rates. Higher interest rates in either country will most likely lead to higher exchange rates for the same country. Similarly, lower interest rates will lead to a lower exchange rate because fewer people will demand Burundian franc to invest in the country, as the return on investment there is less attractive for foreign investors.
Improving economy in Burundi. In most cases, this’ll contribute to a higher exchange rate between the Burundian franc and the US dollar. However, if uncertainty about the country’s development becomes widespread, foreign investors will most likely pull money out of Burundi, lowering the value of the franc as a result.
Send money from USD to BIF
How does the Burundian franc trade against the US dollar historically?
Since 2008, the Burundian franc has slowly declined in value compared to the US dollar. In 2008, you needed 1,100 Burundian franc to get 1 US dollar.
The period between 2009 and 2012 saw relatively stable performance in the exchange rate between the US dollar and the Burundian franc, with the rate fluctuating just below 1,250 francs to 1 dollar.
In 2012, the value of the franc compared to the dollar dropped from a rate of 1,300 to 1,600 francs to get 1 US dollar.
In 2016, the franc was devalued from a rate of about 1,560 to 1,657 francs per dollar. The decline in value for franc compared to the US dollar has continued since the most recent devaluation to about 1,700 francs to 1 US dollar in 2017.
US Dollar to the Burundi Franc for the last 10 days
1 USD =
US Dollar to the Burundi Franc for the last 10 months
1 USD =
US Dollar to the Burundi Franc for the last 10 years
Adrienne Fuller is the head of publishing at Finder. With a decade of experience creating guides in finance and education, she aims to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. For the past 3 years she has been the publisher of money transfers, helping readers save when they send money all over the globe. She has a BA from Colorado College and loves to hike with her two Catahoula dogs around her home in San Diego.
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