Convert Djiboutian Franc to Mozambican Metical
Please provide values below to convert Djiboutian Franc [DJF] to Mozambican Metical [MZN], or Convert Mozambican Metical to Djiboutian Franc.
How to Convert Djiboutian Franc to Mozambican Metical
1 DJF = 2.79337590750413 MZN
Example: convert 15 DJF to MZN:
15 DJF = 15 × 2.79337590750413 MZN = 41.9006386125619 MZN
Djiboutian Franc to Mozambican Metical Conversion Table
| Djiboutian Franc | Mozambican Metical |
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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.
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.