Convert Chinese Yuan (Offshore) to Djiboutian Franc
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Djiboutian Franc
1 CNH = 0.0403526820128178 DJF
Example: convert 15 CNH to DJF:
15 CNH = 15 × 0.0403526820128178 DJF = 0.605290230192268 DJF
Chinese Yuan (Offshore) to Djiboutian Franc Conversion Table
| Chinese Yuan (Offshore) | Djiboutian Franc |
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Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.
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.