Djiboutian franc franc djibouti (French) الفرنك الجيبوتي (Arabic) | | ISO 4217 Code | DJF | | User(s) | Djibouti | | Inflation | 3% | | Source | The World Factbook, 2005 est. | | Pegged with | U.S. dollar = 177.721 francs | | Subunit | | | 1/100 | centime | | Symbol | Fdj | | Coins | 1, 2, 5, 10, 20, 50, 100, 500 Fdj | | Banknotes | 1000, 2000, 5000, 10 000 Fdj | | Central bank | Banque Centrale de Djibouti | | Website | www.banque-centrale.dj | The franc (Arabic: فرنك) is the official currency of the African nation of Djibouti. Its ISO 4217 currency code is DJF. Historically it was subdivided into 100 centimes. A fixed exchange rate, sometimes (less commonly) called a pegged exchange rate, is a type of exchange rate regime wherein a currencys value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. ...
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Centime is French for cent, and is used in English as the name of the fraction currency in several Francophone countries (including Switzerland and formerly France), where it is one hundredth of a franc. ...
The Central Bank of Djibouti (French: ) is the central bank of Djibouti. ...
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ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ...
History From 1884, when Djibouti became a French protectorate, the French franc circulated alongside the Indian rupee and the Maria Theresa thaler. These coexisted with 2 francs = 1 rupee and 4.2 francs = 1 Maria Theresa thaler. ISO 4217 Code FRF User(s) Monaco, Andorra, France except New Caledonia, French Polynesia, and Wallis and Futuna ERM Since 13 March 1979 Fixed rate since 31 December 1998 Replaced by â¬, non cash 1 January 1999 Replaced by â¬, cash 1 January 2002 ⬠= 6. ...
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From 1908, francs circulating in Djibouti were legally fixed at the value of the French franc. Starting in 1910, banknotes were issued for the then colony by the Bank of Indochina, in denominations of 5, 20 and 100 francs. Chamber of Commerce paper money and tokens were issued between 1919 and 1922 in denominations between 5 centimes and 1 franc. The decline in the value of the French franc following the First World War caused 500 and 1000 francs notes to be introduced in 1927 and 1938, respectively. ISO 4217 Code FRF User(s) Monaco, Andorra, France except New Caledonia, French Polynesia, and Wallis and Futuna ERM Since 13 March 1979 Fixed rate since 31 December 1998 Replaced by â¬, non cash 1 January 1999 Replaced by â¬, cash 1 January 2002 ⬠= 6. ...
Ypres, 1917, in the vicinity of the Battle of Passchendaele. ...
In 1948, the first coins (1, 2 and 5 francs) were issued specifically for use in Djibouti, in the name of the "Côte Française des Somalis". In 1949, an independent Djiboutian franc came in to being when the local currency was pegged to the US dollar at a rate of 214.392 francs = 1 dollar. This was the value which the French franc had had under the Bretton Woods system until a few months before. Consequently, the Djibotuian economy was not affected by the further devaluations of the French franc. The United States dollar is the official currency of the United States. ...
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In 1952, the Public Treasury took over the production of paper money and a 5000 francs note was introduced. By 1965, coins of 10 and 20 francs had been introduced and the lowest notes were 50 francs. The change of name to "French Afars and Issas" in 1967 was reflected on both the coins and notes and was followed in 1970 by the introduction of 50 and 100 francs coins to replace the paper money equivalents. In 1971 and 1973, the franc was revalued against the US dollar, first to a rate of 197.466 to the dollar, then 177.721, a rate which has been maintained ever since. A further change in coin and banknote design followed independence in 1977. The National Bank took over production of banknotes. The only subsequent changes have been the introduction of 10,000 francs notes in 1984 and the replacement of the 500 franc note with a coin in 1989.
Coins Aluminum redirects here. ...
Aluminium bronze is a type of bronze in which aluminium is the main alloying metal added to copper. ...
Cupronickel is an alloy of copper, nickel and stengthening impurities. ...
Aluminium bronze is a type of bronze in which aluminium is the main alloying metal added to copper. ...
Banknotes 1000, 2000, 5000 and 10,000 francs Current DJF exchange rates Note: Rates obtained from these websites may contradict with pegged rate mentioned above See also The economy of Djibouti depends on a large foreign expatriate community, the maritime and commercial activities of the Port of Djibouti, its airport, and the operation of the Addis Ababa-Djibouti railroad. ...
External links | Currencies of Africa | | North | Algerian dinar · Euro (Plazas de soberanía) · Egyptian pound · Libyan dinar · Mauritanian ouguiya · Moroccan dirham · Sudanese pound · Tunisian dinar | | Central | Angolan kwanza · Burundian franc · Central African CFA franc (Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon) · Congolese franc · Rwandan franc | | West | Cape Verdean escudo · Euro (Canary Islands, Madeira) · Gambian dalasi · Ghanaian cedi · Guinean franc · Liberian dollar · Nigerian naira · São Tomé and Príncipe dobra · Sierra Leonean leone · West African CFA franc (Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo) | | East | Comorian franc · Djiboutian franc · Eritrean nakfa · Ethiopian birr · Kenyan shilling · Seychellois rupee · Somali shilling · Somaliland shilling (unrecognized) · Tanzanian shilling · Ugandan shilling | | South | Botswana pula · Euro (Mayotte, Réunion) · Lesotho loti · Malawian kwacha · Malagasy ariary · Mauritian rupee · Mozambican metical · Namibian dollar · Saint Helena pound · South African rand · Swazi lilangeni · Zambian kwacha · Zimbabwean dollar | |