Convert Djiboutian Franc to Somali Shilling
Please provide values below to convert Djiboutian Franc [DJF] to Somali Shilling [SOS], or Convert Somali Shilling to Djiboutian Franc.
How to Convert Djiboutian Franc to Somali Shilling
1 DJF = 0.311005747589072 SOS
Example: convert 15 DJF to SOS:
15 DJF = 15 × 0.311005747589072 SOS = 4.66508621383607 SOS
Djiboutian Franc to Somali Shilling Conversion Table
| Djiboutian Franc | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.