Convert British Pound Sterling to Djiboutian Franc
Please provide values below to convert British Pound Sterling [GBP] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to British Pound Sterling.
How to Convert British Pound Sterling to Djiboutian Franc
1 GBP = 0.00416495518256143 DJF
Example: convert 15 GBP to DJF:
15 GBP = 15 × 0.00416495518256143 DJF = 0.0624743277384215 DJF
British Pound Sterling to Djiboutian Franc Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.