Danish Krone in Djiboutian Franc

DKK Danish Krone

Country of application:
Denmark, Greenland, Faroe Islands

Coin denominations in circulation:
20, 10, 5, 2, 1 krone, as well as 50 ore.

Denominations of banknotes in circulation:
1,000, 500, 200, 100 and 50 kroons.

History reference:
The Danish krone is the national currency of Denmark, which is also used in Greenland and the Faroe Islands. The Kingdom of Denmark is a community of states and self-governing territories united unde...r a constitutional monarchy, which consists of three autonomous entities: Denmark, Greenland and the Faroe Islands. The Danish currency is pegged to the euro at a fixed exchange rate of 7.4 kroons to 1 euro, which is expected to be maintained until the country joins the eurozone. The Danish currency is used for cash payments and wire transfers in Greenland. It is also in circulation in the Faroe Islands at a 1:1 local krone exchange rate.

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.