Convert Somali Shilling to Djiboutian Franc
Please provide values below to convert Somali Shilling [SOS] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Somali Shilling.
How to Convert Somali Shilling to Djiboutian Franc
1 SOS = 3.21537466028213 DJF
Example: convert 15 SOS to DJF:
15 SOS = 15 × 3.21537466028213 DJF = 48.2306199042319 DJF
Somali Shilling to Djiboutian Franc Conversion Table
| Somali Shilling | Djiboutian Franc |
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Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.
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.