Convert Djiboutian Franc to Lebanese Pound
Please provide values below to convert Djiboutian Franc [DJF] to Lebanese Pound [LBP], or Convert Lebanese Pound to Djiboutian Franc.
How to Convert Djiboutian Franc to Lebanese Pound
1 DJF = 0.0019857094972067 LBP
Example: convert 15 DJF to LBP:
15 DJF = 15 × 0.0019857094972067 LBP = 0.0297856424581006 LBP
Djiboutian Franc to Lebanese Pound Conversion Table
| Djiboutian Franc | Lebanese Pound |
|---|
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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.