Convert Djiboutian Franc to Ethiopian Birr
Please provide values below to convert Djiboutian Franc [DJF] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Djiboutian Franc.
How to Convert Djiboutian Franc to Ethiopian Birr
1 DJF = 1.30067799984192 ETB
Example: convert 15 DJF to ETB:
15 DJF = 15 × 1.30067799984192 ETB = 19.5101699976288 ETB
Djiboutian Franc to Ethiopian Birr Conversion Table
| Djiboutian Franc | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.