About the Djiboutian Franc
The Djiboutian Franc was introduced in 1949, replacing the French Somaliland franc. It was pegged to the U.S. Dollar from its introduction.
The name 'Franc' is a holdover from the French colonial period (French Somaliland).
Interesting Facts
Pegged to the US Dollar
The Djiboutian Franc has been pegged to the U.S. Dollar at a fixed rate of 1 USD = 177.721 DJF since 1973, one of the longest-standing pegs.
Strategic Port Location
Djibouti's economy, and thus its currency's stability, is heavily reliant on its strategic location and its port, which serves as a major gateway for trade with neighboring Ethiopia.
Whale Shark on a Banknote
The 1000 Franc banknote features a whale shark, highlighting Djibouti's importance as a marine biodiversity hotspot.
Historical Timeline
The Djiboutian Franc is introduced and pegged to the USD.
Djibouti gains independence from France.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- DJF
- Symbol
- Fdj
- Numeric Code
- 262
- Subunit
- Centime (1/100)
- Introduced
- 1949-03-20
Central Bank
- Name
- Central Bank of Djibouti
- Headquarters
- Djibouti City, Djibouti
- Founded
- 1977
- Current Governor
- Ahmed Osman Ali (since 1999)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 1.8%
- Interest Rate
- 4.25%
Exchange Rates
What Affects the DJF Exchange Rate?
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