Burundi franc (BIF)

The Burundi franc, coded as BIF in ISO 4217 and abbreviated as FBu, is the official monetary unit of Burundi. The franc became the nation's currency in 1960 after replacing the Belgian Congo franc, which had circulated during the colonial period. It is nominally subdivided into 100 centimes, though inflation has led to fractional coins being rendered obsolete in general commercial transactions.