🇩🇯Djiboutian Franc (DJF)
The Djiboutian franc has been pegged to the US dollar since 1949 — originally as French Somaliland, and continuously since independence in 1977 — at a fixed rate of 177.721 francs per dollar, making it one of the longest-running currency pegs in the world. This stability, combined with Djibouti's strategic port location on the Bab-el-Mandeb strait, has made the country a regional logistics and shipping hub.
DJF ⇄ USD Converter
History
The Djiboutian franc has been pegged to the US dollar since 1949 — originally as French Somaliland, and continuously since independence in 1977 — at a fixed rate of 177.721 francs per dollar, making it one of the longest-running currency pegs in the world. This stability, combined with Djibouti's strategic port location on the Bab-el-Mandeb strait, has made the country a regional logistics and shipping hub.
Denominations
Djiboutian Franc banknotes commonly circulate in these denominations:
- 500, 1,000 francs — common notes for everyday transactions
- 2,000, 5,000, 10,000 francs — higher-value notes
- Coins circulate in 1, 2, 5, 10, 20, 50, 100, and 250 francs
Frequently Asked Questions
What is the currency symbol for the Djiboutian franc?
The Djiboutian franc's symbol is Fdj. Its ISO 4217 currency code is DJF.
Is the Djiboutian franc pegged to the US dollar?
Yes — at a fixed rate of 177.721 DJF per USD, a peg that has held continuously since 1949, making it one of the oldest and most stable pegs in the world.
Why is Djibouti's currency so stable?
The decades-long dollar peg, backed by Djibouti's role as a major shipping and logistics hub on the Bab-el-Mandeb strait, has kept the franc's value steady relative to most other African currencies.
Where can I see rates for other African currencies?
Check the full currency directory on the African Currencies homepage, which covers all 54 African countries.