Convert Djiboutian Franc to Swiss Franc
Please provide values below to convert Djiboutian Franc [DJF] to Swiss Franc [CHF], or Convert Swiss Franc to Djiboutian Franc.
How to Convert Djiboutian Franc to Swiss Franc
1 DJF = 223.576550509498 CHF
Example: convert 15 DJF to CHF:
15 DJF = 15 × 223.576550509498 CHF = 3353.64825764247 CHF
Djiboutian Franc to Swiss Franc Conversion Table
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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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.