Convert Bitcoin to Djiboutian Franc
Please provide values below to convert Bitcoin [BTC] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Bitcoin.
How to Convert Bitcoin to Djiboutian Franc
1 BTC = 4.75459233888853e-08 DJF
Example: convert 15 BTC to DJF:
15 BTC = 15 × 4.75459233888853e-08 DJF = 7.13188850833279e-07 DJF
Bitcoin to Djiboutian Franc Conversion Table
| Bitcoin | Djiboutian Franc |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
Djiboutian Franc
The Djiboutian Franc (DJF) is the official currency of Djibouti, used for all monetary transactions within the country.
History/Origin
The Djiboutian Franc was introduced in 1949, replacing the French Franc at par, and has been the country's official currency since then, with its value maintained by the Central Bank of Djibouti.
Current Use
The DJF is widely used in Djibouti for everyday transactions, banking, and trade, and is pegged to the US dollar at a fixed rate to ensure stability.