Convert Djiboutian Franc to New Taiwan Dollar
Please provide values below to convert Djiboutian Franc [DJF] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Djiboutian Franc.
How to Convert Djiboutian Franc to New Taiwan Dollar
1 DJF = 6.05213689766729 TWD
Example: convert 15 DJF to TWD:
15 DJF = 15 × 6.05213689766729 TWD = 90.7820534650094 TWD
Djiboutian Franc to New Taiwan Dollar Conversion Table
Djiboutian Franc | New Taiwan Dollar |
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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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.