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US dollar to Burundian franc exchange rate

Find the best USD/BIF exchange rate for 21 Apr 2021.

Live Rate

= FBu 1947.9797

Refreshing in: 60s | Wed, Apr 21, 04:12AM GMT

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Historical Rate chart of USD and BIF

Updated: 21 Apr 2021 04:12:10 UTC

Looking for the best exchange rate?

There are other factors to consider when sending an international money transfer in addition to the exchange rate, including the transfer fees, the payment method, the speed of delivery and the level of customer service. What’s best for you might not be best for someone else.

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
  • Cheaper fees
  • Faster transaction times
  • Cash pick-up in the country you’re sending to

US Dollar

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.
Currency:US Dollar
Currency Symbol:$
Sub unit:cents
Bank notes:$1, $5, $10, $20, $50, $100
Coins:1c, 5c, 10c, 25c, 50c

Burundi Franc

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.
Currency:Burundi Franc
Currency Symbol:FBu
Sub unit:centime
Bank notes:100, 500, 1,000, 2,000, 5,000, 10,000 francs
Coins: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.

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Best ways to send money to Burundi

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

Apr 11 Apr 12 Apr 13 Apr 14 Apr 15 Apr 16 Apr 17 Apr 18 Apr 19 Apr 20
1 USD = 1953.3118 Inverse: 0.0005 1955.3089 Inverse: 0.0005 1955.1913 Inverse: 0.0005 1955.2843 Inverse: 0.0005 1952.2782 Inverse: 0.0005 1968.5000 Inverse: 0.0005 1949.4831 Inverse: 0.0005 1953.2865 Inverse: 0.0005 1947.9982 Inverse: 0.0005 1947.9797 Inverse: 0.0005

US Dollar to the Burundi Franc for the last 10 months

Jun 2020 Jul 2020 Aug 2020 Sep 2020 Oct 2020 Nov 2020 Dec 2020 Jan 2021 Feb 2021 Mar 2021
1 USD = 1910.0000 Inverse: 0.0005 1924.7651 Inverse: 0.0005 1930.3294 Inverse: 0.0005 1931.2346 Inverse: 0.0005 1934.5909 Inverse: 0.0005 1940.0000 Inverse: 0.0005 1942.6289 Inverse: 0.0005 1951.0000 Inverse: 0.0005 1950.8707 Inverse: 0.0005 1960.1763 Inverse: 0.0005

US Dollar to the Burundi Franc for the last 10 years

Apr 2011 Apr 2012 Apr 2013 Apr 2014 Apr 2015 Apr 2016 Apr 2017 Apr 2018 Apr 2019 Apr 2020
1 USD = 1229.9686 Inverse: 0.0008 1346.5017 Inverse: 0.0007 1564.3833 Inverse: 0.0006 1554.1000 Inverse: 0.0006 1567.4367 Inverse: 0.0006 1548.5100 Inverse: 0.0006 1697.7761 Inverse: 0.0006 1781.0000 Inverse: 0.0006 1832.5000 Inverse: 0.0005 1888.7202 Inverse: 0.0005

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