Convert Canadian Dollar to Djiboutian Franc
Please provide values below to convert Canadian Dollar [CAD] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Canadian Dollar.
How to Convert Canadian Dollar to Djiboutian Franc
1 CAD = 0.00766651099194805 DJF
Example: convert 15 CAD to DJF:
15 CAD = 15 × 0.00766651099194805 DJF = 0.114997664879221 DJF
Canadian Dollar to Djiboutian Franc Conversion Table
| Canadian Dollar | Djiboutian Franc |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.