Convert Indian Rupee to Djiboutian Franc
Please provide values below to convert Indian Rupee [INR] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Indian Rupee.
How to Convert Indian Rupee to Djiboutian Franc
1 INR = 0.486083805515386 DJF
Example: convert 15 INR to DJF:
15 INR = 15 × 0.486083805515386 DJF = 7.2912570827308 DJF
Indian Rupee to Djiboutian Franc Conversion Table
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Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.
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.