Djiboutian Franc in IMF Special Drawing Rights

DJF Djiboutian Franc

Country of application:
Djibouti

Coin denominations in circulation:
1, 2, 5, 10, 20, 50, 100, 250, 500 Djibouti franc.

Denominations of banknotes in circulation:
1000, 2000, 5000, 10,000 Djibouti franc.

History reference:
The Djibouti Franc is the national currency and fiat (fiduciary) money of the Republic of Djibouti, a state in East Africa. The Djibouti franc replaced the official currency of France, the French fra...nc, in 1977 upon independence. In 1952, the State Treasury took over the production of paper money. The change of French Somalilands name in 1967 to the French Territory of Afar and Issas was reflected on both the territorys coins and banknotes. In 1971 and 1973, the franc was revalued against the US dollar, first to 197.466 per dollar, then to 177.721 dollars, and the rate has remained the same ever since. Further changes in coin and banknote design followed independence in 1977.

XDR IMF Special Drawing Rights

Country of application:
International Monetary Fund

Coin denominations in circulation:
-

Denominations of banknotes in circulation:
-

History reference:
The International Monetary Fund is the leading organization for international cooperation in the monetary and financial sphere. The international monetary background provides short- and medium-term l...oans with a deficit in the balance of payments of the state. The granting of loans is usually accompanied by a set of conditions and recommendations.