Convert Brazilian Real to Djiboutian Franc
Please provide values below to convert Brazilian Real [BRL] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Brazilian Real.
How to Convert Brazilian Real to Djiboutian Franc
1 BRL = 0.0313243792236145 DJF
Example: convert 15 BRL to DJF:
15 BRL = 15 × 0.0313243792236145 DJF = 0.469865688354218 DJF
Brazilian Real to Djiboutian Franc Conversion Table
| Brazilian Real | Djiboutian Franc |
|---|
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
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.