Convert Djiboutian Franc to Iranian Rial
Please provide values below to convert Djiboutian Franc [DJF] to Iranian Rial [IRR], or Convert Iranian Rial to Djiboutian Franc.
How to Convert Djiboutian Franc to Iranian Rial
1 DJF = 0.00418781103267425 IRR
Example: convert 15 DJF to IRR:
15 DJF = 15 × 0.00418781103267425 IRR = 0.0628171654901137 IRR
Djiboutian Franc to Iranian 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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.