Convert Djiboutian Franc to São Tomé and Príncipe Dobra
Please provide values below to convert Djiboutian Franc [DJF] to São Tomé and Príncipe Dobra [STN], or Convert São Tomé and Príncipe Dobra to Djiboutian Franc.
How to Convert Djiboutian Franc to São Tomé And Príncipe Dobra
1 DJF = 8.51019714317182 STN
Example: convert 15 DJF to STN:
15 DJF = 15 × 8.51019714317182 STN = 127.652957147577 STN
Djiboutian Franc to São Tomé And Príncipe Dobra Conversion Table
| Djiboutian Franc | São Tomé and Príncipe Dobra |
|---|
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.
São Tomé And Príncipe Dobra
The São Tomé and Príncipe Dobra (STN) is the official currency of São Tomé and Príncipe, used for all monetary transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the São Tomé and Príncipe escudo at par, and has undergone various redenominations and updates since its inception to stabilize the economy and modernize the currency system.
Current Use
Today, the Dobra remains the official currency, with banknotes and coins in circulation, and is used for everyday transactions, though it is subject to inflation and economic fluctuations.