Convert Djiboutian Franc to Algerian Dinar
Please provide values below to convert Djiboutian Franc [DJF] to Algerian Dinar [DZD], or Convert Algerian Dinar to Djiboutian Franc.
How to Convert Djiboutian Franc to Algerian Dinar
1 DJF = 1.36707515101819 DZD
Example: convert 15 DJF to DZD:
15 DJF = 15 × 1.36707515101819 DZD = 20.5061272652728 DZD
Djiboutian Franc to Algerian Dinar Conversion Table
| Djiboutian Franc | Algerian Dinar |
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.