Convert Algerian Dinar to Djiboutian Franc
Please provide values below to convert Algerian Dinar [DZD] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Algerian Dinar.
How to Convert Algerian Dinar to Djiboutian Franc
1 DZD = 0.731488681697717 DJF
Example: convert 15 DZD to DJF:
15 DZD = 15 × 0.731488681697717 DJF = 10.9723302254658 DJF
Algerian Dinar to Djiboutian Franc Conversion Table
| Algerian Dinar | Djiboutian Franc |
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Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.
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.