Convert Djiboutian Franc to Chinese Yuan (Offshore)
Please provide values below to convert Djiboutian Franc [DJF] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Djiboutian Franc.
How to Convert Djiboutian Franc to Chinese Yuan (Offshore)
1 DJF = 24.7815002651461 CNH
Example: convert 15 DJF to CNH:
15 DJF = 15 × 24.7815002651461 CNH = 371.722503977191 CNH
Djiboutian Franc to Chinese Yuan (Offshore) Conversion Table
| Djiboutian Franc | Chinese Yuan (Offshore) |
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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.
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.