Convert Djiboutian Franc to Qatari Rial
Please provide values below to convert Djiboutian Franc [DJF] to Qatari Rial [QAR], or Convert Qatari Rial to Djiboutian Franc.
How to Convert Djiboutian Franc to Qatari Rial
1 DJF = 48.8244505494505 QAR
Example: convert 15 DJF to QAR:
15 DJF = 15 × 48.8244505494505 QAR = 732.366758241758 QAR
Djiboutian Franc to Qatari Rial 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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.