BIF/USD

Market Open
9 Jun, 11:19
$
0. 000338
+0.000005
+1.536%
$
1 Volume
$ 0.000333
Previous Close
Add Transaction
Day Range
0.000332 0.000332
Year Range
0.000328 0.00034
Want to track BIFUSD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!

BIFUSD Overview

BIFUSD denotes the exchange rate between the Burundian franc and the United States dollar, expressing the value of one Burundian franc in terms of US dollars. It shows how much USD is needed to buy a unit of BIF and is used to compare purchasing power across the two currencies.

The Burundian franc is the official currency of Burundi in East Africa, issued and regulated by the Banque de la République du Burundi (Central Bank of the Republic of Burundi). It circulates in coins and banknotes and is primarily used for domestic transactions and local pricing.

The United States dollar is the official currency of the United States and the world’s dominant reserve and settlement currency. It is issued by the Federal Reserve System and commonly serves as the reference currency in international trade, finance, and commodity pricing.

Movements in the BIFUSD rate are determined by market supply and demand and shaped by factors such as interest rate differentials, inflation trends, central bank policy decisions, balance of payments, commodity prices, and geopolitical events that influence investor risk appetite.

For traders, businesses, and investors, BIFUSD is important for pricing imports and exports, managing currency risk through hedging, and for speculative opportunities tied to Burundi’s economic conditions relative to the US.

BIFUSD Chart

BIFUSD FAQ

What is the current BIF/USD price?

The current rate is $0.000338, reflecting the latest available market price based on global forex liquidity and trading activity.

How much has the BIF/USD rate changed today?

The rate has changed by +0.000005 (+1.536%) compared to the previous close, reflecting current forex market activity.

What was the previous closing rate?

The previous close was $0.000333, which serves as a reference point for measuring daily performance.

What does the daily range indicate?

The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.

Why is BIF/USD moving up or down?

Movements in BIF/USD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.

How is the percentage change calculated?

The percentage change (+1.536%) is based on the difference between the current rate and the previous closing rate.

Is BIF/USD trending up or down right now?

If the current rate ($0.000338) is above the previous close ($0.000333), it indicates upward movement. If below, it suggests a downward trend.

Where can I track live rates and charts?

You can monitor real-time rates, charts, and key market data for BIF/USD directly on this page.