Convert Djiboutian Franc to Nicaraguan Córdoba
Please provide values below to convert Djiboutian Franc [DJF] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Djiboutian Franc.
How to Convert Djiboutian Franc to Nicaraguan Córdoba
1 DJF = 4.83118669501063 NIO
Example: convert 15 DJF to NIO:
15 DJF = 15 × 4.83118669501063 NIO = 72.4678004251594 NIO
Djiboutian Franc to Nicaraguan Córdoba Conversion Table
| Djiboutian Franc | Nicaraguan Córdoba |
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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.
Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.