Convert Philippine Peso to Djiboutian Franc
Please provide values below to convert Philippine Peso [PHP] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Philippine Peso.
How to Convert Philippine Peso to Djiboutian Franc
1 PHP = 0.320402766133434 DJF
Example: convert 15 PHP to DJF:
15 PHP = 15 × 0.320402766133434 DJF = 4.80604149200151 DJF
Philippine Peso to Djiboutian Franc Conversion Table
| Philippine Peso | Djiboutian Franc |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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.