Burundi Franc - BIF


The currency used in Burundi is the Burundi Franc (BIF). It is divided into 100 centimes. The symbol used for the Burundi Franc is Fbu.


  • Burundi resources are scarce and the manufacturing sector is underdeveloped.
  • The main sector of the economy is agriculture, which accounts for 57% of the GDP.
  • 70% of the labor force works in agriculture.
  • Burundi relies on humanitarian assistance.
  • Top industries are soap, shoes, construction, and blankets.
  • The main agricultural products are tea, cotton, bananas, beef, hides, coffee, sweet potatoes, and corn.
  • Export products are tea, hides, sugar, cotton, and coffee.
  • Import products are foodstuffs, petroleum products, and capital goods.
  • 53% of Burundi people live below the poverty level.
  • In 1997, it was estimated that Burundi had a $1.27 billion external debt.
  • During the late 1990s humanitarian aid stopped because of the coup in 1996. In 1999 the embargo was lifted and countries started giving aid again.
  • The inflation rate is +/- 10% and GDP growth is 4.5%.


  • Belguim occupied Burundi in 1916 and the Belgian Congo Franc became the official currency.
  • In 1960, the Belgian Congo Franc was replaced with the Burundi and Rwanda Franc.
  • In 1964, Burundi started issuing its own Francs and notes were printed over with the word Burundi on them.
  • In 1966, the word Kingdom on the 20-franc notes was replaced with the word Republic.

General Information

Symbols and Names

  • Symbols: FBu
  • Nicknames: none

ISO 4217 Code


Central Bank

Burundi Central Bank

Currency Subunits

  • Centime = 1/100 of a Franc


  • Bills: 10, 20, 50, 100, 500, 1,000, 2,000, 5,000, 10,000 francs
  • Coins: 1, 5, 10 francs

Countries Using This Currency

  • Burundi

Currencies Pegged To BIF :


BIF Is Pegged To: