Convert South Korean Won to Djiboutian Franc
Please provide values below to convert South Korean Won [KRW] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to South Korean Won.
How to Convert South Korean Won to Djiboutian Franc
1 KRW = 7.77944756106482 DJF
Example: convert 15 KRW to DJF:
15 KRW = 15 × 7.77944756106482 DJF = 116.691713415972 DJF
South Korean Won to Djiboutian Franc Conversion Table
| South Korean Won | Djiboutian Franc |
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South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.
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.