Convert Djiboutian Franc to Japanese Yen
Please provide values below to convert Djiboutian Franc [DJF] to Japanese Yen [JPY], or Convert Japanese Yen to Djiboutian Franc.
How to Convert Djiboutian Franc to Japanese Yen
1 DJF = 1.21037626880391 JPY
Example: convert 15 DJF to JPY:
15 DJF = 15 × 1.21037626880391 JPY = 18.1556440320586 JPY
Djiboutian Franc to Japanese Yen 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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.