Convert Nigerian Naira to Djiboutian Franc
Please provide values below to convert Nigerian Naira [NGN] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Nigerian Naira.
How to Convert Nigerian Naira to Djiboutian Franc
1 NGN = 8.61295457486735 DJF
Example: convert 15 NGN to DJF:
15 NGN = 15 × 8.61295457486735 DJF = 129.19431862301 DJF
Nigerian Naira to Djiboutian Franc Conversion Table
| Nigerian Naira | Djiboutian Franc |
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Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.
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.