Convert Djiboutian Franc to Armenian Dram
Please provide values below to convert Djiboutian Franc [DJF] to Armenian Dram [AMD], or Convert Armenian Dram to Djiboutian Franc.
How to Convert Djiboutian Franc to Armenian Dram
1 DJF = 0.462751234855606 AMD
Example: convert 15 DJF to AMD:
15 DJF = 15 × 0.462751234855606 AMD = 6.94126852283409 AMD
Djiboutian Franc to Armenian Dram Conversion Table
| Djiboutian Franc | Armenian Dram |
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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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.