Convert Djiboutian Franc to Turkish Lira
Please provide values below to convert Djiboutian Franc [DJF] to Turkish Lira [TRY], or Convert Turkish Lira to Djiboutian Franc.
How to Convert Djiboutian Franc to Turkish Lira
1 DJF = 4.39460741282915 TRY
Example: convert 15 DJF to TRY:
15 DJF = 15 × 4.39460741282915 TRY = 65.9191111924373 TRY
Djiboutian Franc to Turkish Lira Conversion Table
| Djiboutian Franc | Turkish Lira |
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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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.