Djiboutian Franc
OriginDjibouti
First Minted1949
MaterialVarious
TypeCurrency
About Djiboutian Franc
The currency of Djibouti, a small country at the entrance to the Red Sea. Pegged to the US dollar at 177.721 francs per dollar since 1973. The peg provides stability in a volatile region. Djibouti earns revenue from its port and from hosting military bases for the US, France, China, and Japan. The Djiboutian franc features local landmarks and the Djibouti Port. The Central Bank of Djibouti was established in 1979.
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