DJFDjiboutian FrancDjiboutian Franc (DJF)
The Djiboutian franc is Djibouti's national currency and the unit for local prices, public finance, port services and domestic accounts.
- ISO code
- DJF
- Symbol
- Fdj
- Region
- Africa
- Currency type
- Fiat currency
- Exchange system
- DJF is maintained under a currency-board arrangement with a fixed relationship to the U.S. dollar.
- Last reviewed
Convert this currency
DJF converter
DJFRate date:
Quick facts
DJF at a glance
Currency profile
How DJF works
The Djiboutian franc is Djibouti's national currency and the unit for local prices, public finance, port services and domestic accounts.
The Banque Centrale de Djibouti administers DJF through a currency-board framework. ISO 4217 records DJF with zero minor-unit digits for standard electronic amounts.
- Djibouti has maintained a fixed relationship between its franc and the U.S. dollar since the late 1940s.
- The currency-board structure is designed to support convertibility through foreign-reserve backing.
Context
Why this currency matters
The fixed USD relationship gives DJF a very different monetary setting from many neighboring currencies. The parity framework does not mean retail cash transactions are free of operational differences, but it does establish the official unit relationship. Djibouti's port, military-base and logistics activity makes clear currency labeling important in cross-border contracts.
Monetary framework
Exchange arrangement
DJF is maintained under a currency-board arrangement with a fixed relationship to the U.S. dollar.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for DJF
USD link established
The Djiboutian franc moved to a fixed relationship with the U.S. dollar under a currency-board framework.
Banque Centrale de DjiboutiCurrency retained at independence
Independent Djibouti retained the franc and its established monetary arrangement.
Banque Centrale de DjiboutiCentral bank mandate consolidated
The Banque Centrale de Djibouti continued the currency-board and monetary-supervision framework.
Banque Centrale de Djibouti
Usage and economy
How DJF is used
- Djiboutian francs denominate domestic prices, salaries and government charges.
- ETB, SOS, YER and USD provide relevant regional and trade comparisons.
Banknotes and coins
DJF currency units
Banque Centrale de Djibouti is the authoritative source for the current DJF banknote framework.
Banque Centrale de Djibouti is the authoritative source for the current DJF coin framework.
One Djiboutian Franc unit is recorded with 0 decimal places.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
FAQ
DJF questions
Why is DJF linked to USD?
Djibouti operates a currency-board framework that fixes the franc's official relationship to the U.S. dollar.
Does DJF use ISO decimal places?
ISO 4217 records DJF with zero minor-unit digits for standard currency amounts.
Who administers the Djiboutian franc?
The Banque Centrale de Djibouti administers DJF and the currency-board framework.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.