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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.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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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.