Convert Danish Krone to Djiboutian Franc
Please provide values below to convert Danish Krone [DKK] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Danish Krone.
How to Convert Danish Krone to Djiboutian Franc
1 DKK = 0.0357796771343848 DJF
Example: convert 15 DKK to DJF:
15 DKK = 15 × 0.0357796771343848 DJF = 0.536695157015772 DJF
Danish Krone to Djiboutian Franc Conversion Table
Danish Krone | Djiboutian Franc |
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Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, used for everyday transactions and issued by the Danmarks Nationalbank.
History/Origin
The Danish Krone was introduced in 1875, replacing the rigsdaler, and has undergone various reforms, including pegging to the euro and adopting a floating exchange rate since 1999.
Current Use
The DKK is widely used in Denmark for all financial transactions, including banking, commerce, and international trade, and is also accepted in the Faroe Islands and Greenland.
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.