Convert New Taiwan Dollar to Djiboutian Franc
Please provide values below to convert New Taiwan Dollar [TWD] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Djiboutian Franc
1 TWD = 0.165230895617288 DJF
Example: convert 15 TWD to DJF:
15 TWD = 15 × 0.165230895617288 DJF = 2.47846343425932 DJF
New Taiwan Dollar to Djiboutian Franc Conversion Table
| New Taiwan Dollar | Djiboutian Franc |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.