Convert Djiboutian Franc to Kuwaiti Dinar
Please provide values below to convert Djiboutian Franc [DJF] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Djiboutian Franc.
How to Convert Djiboutian Franc to Kuwaiti Dinar
1 DJF = 581.928618205632 KWD
Example: convert 15 DJF to KWD:
15 DJF = 15 × 581.928618205632 KWD = 8728.92927308448 KWD
Djiboutian Franc to Kuwaiti Dinar Conversion Table
| Djiboutian Franc | Kuwaiti Dinar |
|---|
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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.