Convert Djiboutian Franc to Canadian Dollar
Please provide values below to convert Djiboutian Franc [DJF] to Canadian Dollar [CAD], or Convert Canadian Dollar to Djiboutian Franc.
How to Convert Djiboutian Franc to Canadian Dollar
1 DJF = 130.437431192661 CAD
Example: convert 15 DJF to CAD:
15 DJF = 15 × 130.437431192661 CAD = 1956.56146788991 CAD
Djiboutian Franc to Canadian Dollar Conversion Table
| Djiboutian Franc | Canadian Dollar |
|---|
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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.