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Investopedia explains 'BIF (Burundi Franc)'
Burundi began issuing its own currency (francs), in 1964, before which Burundi used German East African rupies (prior to 1916), Belgian Congo francs (1916 - 1959), and Rwanda and Burundi francs (1960 - 1963). Plans are underway to change the national currency once more by the end of 2009 with a common currency (the East African shilling) for the five member states of the East Afican Community.
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