Silver price in Burundian Franc (BIF) — Burundi
Today, 999 fine silver costs about 12,626 BIF per gram in Burundi — roughly 392,705 BIF per troy ounce and 12,625,750 BIF per kilogram. Prices come from the global XAG/USD spot rate, converted into Burundian Franc at Burundi's parallel-market exchange rate.
How the silver price in BIF is calculated
Silver is quoted internationally in US dollars per troy ounce (XAG/USD). To express it in Burundian Franc, we convert the spot price to a per-gram figure, apply the purity factor, and convert to BIF at Burundi's parallel exchange rate — the rate at which dollars actually trade, rather than the lower official Bank of the Republic of Burundi (BRB) rate.
Silver units and purities (gram, ounce, kilogram)
One troy ounce equals 31.1035 grams and one kilogram is 1,000 grams, so the per-ounce price is the per-gram price times 31.1035, and the per-kilo price is times 1,000. Purity is given in thousandths: 999 is fine (investment) silver, 925 is sterling, 900 and 800 are common in coins. A 925 piece is worth about 92.5% of the 999 price for the same weight.
Why silver prices follow the parallel market in Burundi
Burundi runs one of Africa's widest parallel-market gaps, with the street rate often far above the tightly rationed official price. Like gold, silver is a dollar-priced store of value, so its BIF price climbs as the parallel rate weakens. Tracking silver in Burundian Franc gives a low-cost read on the same currency pressures that move gold and the street dollar.