Convert Euro to Djiboutian Franc
Please provide values below to convert Euro [EUR] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Euro.
How to Convert Euro to Djiboutian Franc
1 EUR = 0.00479796985162136 DJF
Example: convert 15 EUR to DJF:
15 EUR = 15 × 0.00479796985162136 DJF = 0.0719695477743204 DJF
Euro to Djiboutian Franc Conversion Table
| Euro | Djiboutian Franc |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
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.