Convert Congolese Franc to Djiboutian Franc
Please provide values below to convert Congolese Franc [CDF] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Congolese Franc.
How to Convert Congolese Franc to Djiboutian Franc
1 CDF = 16.2335126405996 DJF
Example: convert 15 CDF to DJF:
15 CDF = 15 × 16.2335126405996 DJF = 243.502689608994 DJF
Congolese Franc to Djiboutian Franc Conversion Table
Congolese Franc | Djiboutian Franc |
---|
Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.
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.