Convert Thai Baht to Djiboutian Franc
Please provide values below to convert Thai Baht [THB] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Thai Baht.
How to Convert Thai Baht to Djiboutian Franc
1 THB = 0.181253762920533 DJF
Example: convert 15 THB to DJF:
15 THB = 15 × 0.181253762920533 DJF = 2.71880644380799 DJF
Thai Baht to Djiboutian Franc Conversion Table
| Thai Baht | Djiboutian Franc |
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Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.
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.