Convert Peruvian Nuevo Sol to Djiboutian Franc
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Djiboutian Franc
1 PEN = 0.0200184558943513 DJF
Example: convert 15 PEN to DJF:
15 PEN = 15 × 0.0200184558943513 DJF = 0.300276838415269 DJF
Peruvian Nuevo Sol to Djiboutian Franc Conversion Table
| Peruvian Nuevo Sol | Djiboutian Franc |
|---|
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.