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About this currency pair
British Pound Sterling (GBP) — a major international currency
The pound sterling is one of the world’s oldest currencies still in use and remains closely associated with UK prices, wages, banking and financial markets. GBP is also important for travel, ecommerce, invoices, investment reporting and comparisons with EUR and USD, especially because London is a major international financial centre.
Burundian Franc (BIF) — the currency of Burundi
The Burundian franc reflects the franc-based monetary tradition found in parts of Central and East Africa. The Burundian Franc is used in Burundi, where it provides the reference for local prices, wages, public payments, bank accounts and invoices. Conversions are commonly used for remittances, import pricing, travel, development projects, commodity trade and comparisons with USD, EUR or regional currencies. The franc name connects it to a wider monetary family used in parts of Africa, Europe and the Pacific.