ETB to DJF

ETB - Ethiopian Birr (ብር)
DJF - Djiboutian Franc (Fdj)
1 ETB1 DJF

Currency conversion rates from ETB to DJF

ETBDJF
1 ETB1 DJF
5 ETB5 DJF
10 ETB10 DJF
20 ETB20 DJF
50 ETB50 DJF
100 ETB100 DJF
250 ETB250 DJF
500 ETB500 DJF
1000 ETB1000 DJF
2000 ETB2000 DJF
5000 ETB5000 DJF
10000 ETB10000 DJF
DJFETB
1 DJF1 ETB
5 DJF5 ETB
10 DJF10 ETB
20 DJF20 ETB
50 DJF50 ETB
100 DJF100 ETB
250 DJF250 ETB
500 DJF500 ETB
1000 DJF1000 ETB
2000 DJF2000 ETB
5000 DJF5000 ETB
10000 DJF10000 ETB

DJF - Djiboutian Franc (DJF)

Djiboutian Franc

The official currency for the Djibouti is the Djibouti Franc (DJF). The symbol used for the Franc is Fdj. The Franc is subdivided into centimes; 1 DJF = 100 centimes.

The Djiboutian Franc is the currency in Djibouti (DJ, DJI). The symbol for DJF can be written DF. The Djiboutian Franc is divided into 100 centimes. The exchange rate for the Djiboutian Franc was last updated on May 24, 2019 from Yahoo Finance. The DJF conversion factor has 4 significant digits.

Economy

  • The economy of Djibouti consists mainly of the service industry.
  • There is almost no development in the agriculture or industrial sectors.
  • Unemployment is high; more than 43% of the population falls under the poverty line.
  • Private sector development and human capital accumulation need to be enhanced.
  • Djibouti is strategically situated between the Red Sea and the Gulf of Aden. The country is used as a transit port and is a free-trade zone.

History

  • Djibouti became part of the French protectorate in 1884. The Franc was introduced to Djibouti and was used along with the Indian Rupee and the Maria Theresa Thaler.
  • In 1908, the Franc was officially fixed at the same value of the French Franc.
  • In 1910, banknotes were issued by the Bank of Indochina.
  • From 1919 to 1922, tokens and Commerce paper money were issued.
  • In 1948, the first Djibouti coins were issued.
  • In 1949, the Dijibout Franc was introduced and pegged against the US Dollar at 1 USD = 214.392 Francs.
  • In 1952, production of banknotes was taken over by Public Treasury.
  • In 1971 and 1973 the Franc was revalued. In 1973 the Franc was rated at  1 USD = 177.721 Franc and remains at that rate.
  • In 1977, a new design of banknotes was issued and the national bank took over the printing of banknotes.

More information about DJF - Djiboutian Franc (DJF)


ETB - Ethiopian Birr (Br)

Ethiopian Birr

The official currency of Ethiopia is the Ethiopian Birr (ETB). The Ethiopian Birr is subdivided into santim; 100 santim = 1 ETB. Br is the symbol used for the Birr. The Nigerian Naira is rated the most-used currency in Africa, the Birr is rated second.

The Ethiopian Birr is the currency in Ethiopia (ET, ETH). The Ethiopian Birr is also known as Birrs. The symbol for ETB can be written Br. The Ethiopian Birr is divided into 100 cents. The exchange rate for the Ethiopian Birr was last updated on May 24, 2019 from Yahoo Finance. The ETB conversion factor has 3 significant digits.

Economy

  • Ethiopia’s economy is mainly based on the agricultural industry, which forms 80% of the yearly GDP.
  • There are no private businesses and no patent laws apply in Ethiopia.
  • Unemployment rate among youth is estimated at 70%.
  • The main industries are metals, cement, textiles, food processing, and cement.
  • Export products are leather, oilseeds, coffee, flowers, gold, qat, and live animals.
  • Import products are motor vehicles, textiles, cereals, petroleum, food, and chemicals.

History

  • During the 18th and 19th centuries the currency for Ethopia was the Maria Theresa Taler, also known as the Birr, which means silver. The Taler became the official coin in 1855, but the Indian Rupee and the Mexican Dollar were used for foreign trading.
  • In 1893, the Birr was introduced as the standard unit. It was subdivided into 20 girsch.
  • A new range of Ethiopian coins appeared in 1903.
  • The Bank of Ethiopia was formed in 1931. At that time the Birr became equal to the mentonnyas. 1 Birr = 100 metonnyas.
  • During the mid 1930s the currencies circulated were the Birr and the Talari.
  • From 1936 to 1941 Italy occupied Ethopia and the Italian Lira was used.
  • In 1945, the second Birr was introduced; 2 schillings = 1 birr.
  • In 1976, the Birr was made the official currency.

More information about ETB - Ethiopian Birr (Br)