Convert Saudi Riyal to Djiboutian Franc
Please provide values below to convert Saudi Riyal [SAR] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Saudi Riyal.
How to Convert Saudi Riyal to Djiboutian Franc
1 SAR = 0.0211004889686644 DJF
Example: convert 15 SAR to DJF:
15 SAR = 15 × 0.0211004889686644 DJF = 0.316507334529966 DJF
Saudi Riyal to Djiboutian Franc Conversion Table
Saudi Riyal | Djiboutian Franc |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.