Convert Czech Republic Koruna to Djiboutian Franc
Please provide values below to convert Czech Republic Koruna [CZK] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Czech Republic Koruna.
How to Convert Czech Republic Koruna to Djiboutian Franc
1 CZK = 0.118145857833346 DJF
Example: convert 15 CZK to DJF:
15 CZK = 15 × 0.118145857833346 DJF = 1.77218786750018 DJF
Czech Republic Koruna to Djiboutian Franc Conversion Table
| Czech Republic Koruna | Djiboutian Franc |
|---|
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.
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.