Convert Macedonian Denar to Djiboutian Franc
Please provide values below to convert Macedonian Denar [MKD] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Macedonian Denar.
How to Convert Macedonian Denar to Djiboutian Franc
1 MKD = 0.297352591984065 DJF
Example: convert 15 MKD to DJF:
15 MKD = 15 × 0.297352591984065 DJF = 4.46028887976097 DJF
Macedonian Denar to Djiboutian Franc Conversion Table
| Macedonian Denar | Djiboutian Franc |
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Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.
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.