The Burundian Franc (BIF) is the official currency of Burundi, a small landlocked country in East Africa. It was introduced in 1964, replacing the Burundi franc, and is subdivided into 100 centimes. The currency is issued by the Bank of the Republic of Burundi and is used for all transactions within the country. The Burundian Franc comes in both coins and banknotes, with coins available in denominations of 1, 5, 10, 20, and 50 francs, while banknotes are issued in higher denominations. The value of the Burundian Franc can fluctuate due to various economic factors, including inflation and exchange rates against other currencies.