cheqfx
Advertisement · 728×90
‹ All currencies

Burundi — Franc

BIF / USD · East Africa
Official
3000.68 ● 0.00%
Official / Central Bank
Parallel / street
0.00 ● 0.00%

Banks

3 commercial banks quoting this pair
BankBuySellLast Updated
BGF – Banque de Gestion et de Financement
BGF – Banque de Gestion et de Financement
2970.76 3018.68 3 hours, 28 minutes ago
Bancobu – Banque Commerciale du Burundi
Bancobu – Banque Commerciale du Burundi
2926.76 2950.36 3 hours, 28 minutes ago
Bank of the Republic of Burundi
Bank of the Republic of Burundi
2985.17 3033.31 2 hours, 29 minutes ago

Fintechs & mobile money

0 apps quoting this pair
ProviderBuySellLast Updated

Understanding buy and sell

Buy and sell are quoted from the institution's side, not yours.

Buy What a bank or fintech pays you for your foreign currency. Converting USD into BIF? You want the highest buy rate.
Sell What they charge you to acquire foreign currency. Converting BIF into USD? You want the lowest sell rate.

The gap between the two is the spread — how each provider profits on the exchange, so sell always sits a little above buy at the same institution.

Advertisement · 300×250