Convert Djiboutian Franc to Nigerian Naira
Please provide values below to convert Djiboutian Franc [DJF] to Nigerian Naira [NGN], or Convert Nigerian Naira to Djiboutian Franc.
How to Convert Djiboutian Franc to Nigerian Naira
1 DJF = 0.116104176715155 NGN
Example: convert 15 DJF to NGN:
15 DJF = 15 × 0.116104176715155 NGN = 1.74156265072732 NGN
Djiboutian Franc to Nigerian Naira Conversion Table
| Djiboutian Franc | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.