Convert Djiboutian Franc to Chinese Yuan
Please provide values below to convert Djiboutian Franc [DJF] to Chinese Yuan [CNY], or Convert Chinese Yuan to Djiboutian Franc.
How to Convert Djiboutian Franc to Chinese Yuan
1 DJF = 24.7732753453491 CNY
Example: convert 15 DJF to CNY:
15 DJF = 15 × 24.7732753453491 CNY = 371.599130180237 CNY
Djiboutian Franc to Chinese Yuan Conversion Table
| Djiboutian Franc | Chinese Yuan |
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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.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).