Convert Malaysian Ringgit to Djiboutian Franc
Please provide values below to convert Malaysian Ringgit [MYR] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Djiboutian Franc
1 MYR = 0.023809229072535 DJF
Example: convert 15 MYR to DJF:
15 MYR = 15 × 0.023809229072535 DJF = 0.357138436088026 DJF
Malaysian Ringgit to Djiboutian Franc Conversion Table
| Malaysian Ringgit | Djiboutian Franc |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.