Convert Djiboutian Franc to Dominican Peso
Please provide values below to convert Djiboutian Franc [DJF] to Dominican Peso [DOP], or Convert Dominican Peso to Djiboutian Franc.
How to Convert Djiboutian Franc to Dominican Peso
1 DJF = 2.94478964723037 DOP
Example: convert 15 DJF to DOP:
15 DJF = 15 × 2.94478964723037 DOP = 44.1718447084555 DOP
Djiboutian Franc to Dominican Peso Conversion Table
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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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.