Convert Djiboutian Franc to New Zealand Dollar
Please provide values below to convert Djiboutian Franc [DJF] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Djiboutian Franc.
How to Convert Djiboutian Franc to New Zealand Dollar
1 DJF = 106.483523067705 NZD
Example: convert 15 DJF to NZD:
15 DJF = 15 × 106.483523067705 NZD = 1597.25284601558 NZD
Djiboutian Franc to New Zealand Dollar Conversion Table
| Djiboutian Franc | New Zealand 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 Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.