Convert Kyrgystani Som to Djiboutian Franc
Please provide values below to convert Kyrgystani Som [KGS] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Kyrgystani Som.
How to Convert Kyrgystani Som to Djiboutian Franc
1 KGS = 0.491203628158743 DJF
Example: convert 15 KGS to DJF:
15 KGS = 15 × 0.491203628158743 DJF = 7.36805442238115 DJF
Kyrgystani Som to Djiboutian Franc Conversion Table
Kyrgystani Som | Djiboutian Franc |
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Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.
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.