Djibouti The Djiboutian Franc (DJF) is the official currency of Djibouti, issued by the Central Bank of Djibouti. It was introduced in 1949, replacing the French Franc. The DJF is pegged to the U.S. Dollar (USD) at a fixed rate of 1 USD = 177.72 DJF, ensuring stability in international trade and investment. Djibouti's economy relies heavily on shipping, logistics, and foreign military bases, and the fixed exchange rate helps maintain financial stability. The franc is subdivided into 100 centimes, but centime coins are rarely used due to inflation. Banknotes range from DJF 1,000 to DJF 10,000, while coins are issued from DJF 1 to DJF 500.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.
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