Convert Swiss Franc to Djiboutian Franc
Please provide values below to convert Swiss Franc [CHF] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Swiss Franc.
How to Convert Swiss Franc to Djiboutian Franc
1 CHF = 0.00447274098165102 DJF
Example: convert 15 CHF to DJF:
15 CHF = 15 × 0.00447274098165102 DJF = 0.0670911147247652 DJF
Swiss Franc to Djiboutian Franc Conversion Table
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency 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.