Convert Norwegian Krone to Djiboutian Franc
Please provide values below to convert Norwegian Krone [NOK] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Norwegian Krone.
How to Convert Norwegian Krone to Djiboutian Franc
1 NOK = 0.0568970464942241 DJF
Example: convert 15 NOK to DJF:
15 NOK = 15 × 0.0568970464942241 DJF = 0.853455697413361 DJF
Norwegian Krone to Djiboutian Franc Conversion Table
| Norwegian Krone | Djiboutian Franc |
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Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.
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.