Convert Swedish Krona to Djiboutian Franc
Please provide values below to convert Swedish Krona [SEK] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Swedish Krona.
How to Convert Swedish Krona to Djiboutian Franc
1 SEK = 0.0537038391636329 DJF
Example: convert 15 SEK to DJF:
15 SEK = 15 × 0.0537038391636329 DJF = 0.805557587454493 DJF
Swedish Krona to Djiboutian Franc Conversion Table
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Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's 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.