Convert New Zealand Dollar to Djiboutian Franc
Please provide values below to convert New Zealand Dollar [NZD] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to New Zealand Dollar.
How to Convert New Zealand Dollar to Djiboutian Franc
1 NZD = 0.00939112429032022 DJF
Example: convert 15 NZD to DJF:
15 NZD = 15 × 0.00939112429032022 DJF = 0.140866864354803 DJF
New Zealand Dollar to Djiboutian Franc Conversion Table
| New Zealand Dollar | Djiboutian Franc |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.