Convert Djiboutian Franc to Bhutanese Ngultrum
Please provide values below to convert Djiboutian Franc [DJF] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Djiboutian Franc.
How to Convert Djiboutian Franc to Bhutanese Ngultrum
1 DJF = 2.0573489150127 BTN
Example: convert 15 DJF to BTN:
15 DJF = 15 × 2.0573489150127 BTN = 30.8602337251906 BTN
Djiboutian Franc to Bhutanese Ngultrum Conversion Table
Djiboutian Franc | Bhutanese Ngultrum |
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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.
Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.