Djiboutian franc

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Djiboutian franc
franc djibouti (in French)
الفرنك الجيبوتي (in Arabic)
5 djiboutian francs.jpg
5 Djiboutian francs, minted in 1991.
ISO 4217
CodeDJF
Denominations
Subunit
 1/100centime
SymbolFdj
Banknotes40 (commemorative), 1000, 2000, 5000, 10,000 Fdj
Coins1, 2, 5, 10, 20, 50, 100, 250, 500 Fdj
Demographics
User(s) Djibouti
Issuance
Central bankCentral Bank of Djibouti
 Websitewww.banque-centrale.dj
PrinterPolish Security Printing Works [pl]
 WebsitePolska Wytwórnia Papierów Wartościowych
Valuation
Inflation2.1% (2015 est.)
 SourceThe World Factbook, 2013 est.
Pegged withU.S. dollar = 177.721 francs

The Djiboutian franc (Arabic: فرنك) is the currency of Djibouti. Its ISO 4217 currency code is DJF. Historically, it was subdivided into 100 centimes.

History[edit]

100 Djiboutian francs (1977).

From 1884, when the French Somaliland protectorate was established, the French franc circulated alongside the Indian rupee and the Maria Theresa thaler. These coexisted with 2 francs = 1 rupee and 4.2 francs = 1 Maria Theresa thaler.

From 1908, francs circulating in Djibouti were legally fixed at the value of the French franc. Starting in 1910, banknotes were issued for the then colony by the Bank of Indochina. Chamber of Commerce paper money and tokens were issued between 1919 and 1922.

In 1948, the first coins were issued specifically for use in Djibouti, in the name of the "Côte Française des Somalis". In 1949, an independent Djiboutian franc came into being when the local currency was pegged to the US dollar at a rate of 214.392 francs = 1 dollar. This was the value which the French franc had under the Bretton Woods system until a few months before. Consequently, the Djiboutian economy was not affected by the further devaluations of the French franc.

In 1952, the Public Treasury took over the production of paper money. French Somaliland's change of name in 1967 to the French Territory of the Afars and the Issas was reflected on both the territory's coins and notes. In 1971 and 1973, the franc was revalued against the US dollar, first to a rate of 197.466 to the dollar, then 177.721, a rate which has been maintained ever since. A further change in coin and banknote design followed independence in 1977.

Coins[edit]

10 and 20 Djiboutian francs, reverse (c. 1991 and 1983).

Between 1920 and 1922, the Chamber of Commerce issued tokens struck in zinc, aluminium, bronze and aluminium-bronze in denominations of 5, 10, 25 and 50 centimes and 1 franc. Shapes included round, hexagonal and octagonal.

In 1948, aluminium 1, 2 and 5 francs were introduced. Aluminium-bronze 20 francs were introduced in 1952, followed by 10 francs in 1965. Cupro-nickel 50 and 100 francs were introduced in 1970, with aluminium-bronze 500 francs added in 1989.

From 2013, new coins of 250 francs were put in circulation to complement the other denominations.

Coins of the Djiboutian franc (1977–present)
Image Value Technical parameters Description Dates
Obverse Reverse Diameter Thickness Mass Composition Edge Obverse Reverse Year of minting Year of issue
1 Djiboutian Franc in 1997 Obverse.jpg 1 Djiboutian Franc in 1997 Reverse.jpg 1 franc 23 mm 1.4 mm 1.3 g Aluminum Smooth Coat of arms of Djibouti Head of waterbuck 1977, 1996, 1997, 1999 1977
2 Djiboutian Francs in 1977 Obverse.jpg 2 Djiboutian Francs in 1977 Reverse.jpg 2 francs 27.1 mm 1.4 mm 2.2 g 1977, 1991, 1996, 1997, 1999
5 Djiboutian Francs in 1991 Obverse.jpg 5 Djiboutian Francs in 1991 Reverse.jpg 5 francs 31.1 mm 2.3 mm 3.75 g 1977, 1986, 1989, 1991, 1996, 1997, 1999
10 Djiboutian Francs in 1997 Obverse.jpg 10 Djiboutian Francs in 1997 Reverse.jpg 10 francs 20 mm 1.3 mm 3 g Aluminium-bronze Djibouti harbour 1977, 1983, 1989, 1991, 1996, 1997, 1999, 2004, 2007, 2010, 2013, 2016, 2017
20 Djiboutian Francs in 1997 Obverse.jpg 20 Djiboutian Francs in 1997 Reverse.jpg 20 francs 23.5 mm 1.45 mm 4 1977, 1982, 1983, 1986, 1991, 1996, 1997, 1999, 2007, 2010, 2016, 2017
50 Djiboutian Francs in 1989 Obverse.jpg 50 Djiboutian Francs in 1989 Reverse.jpg 50 francs 25.5 mm 2.1 mm 6.9 g Copper-nickel Milled Two dromedaries 1977, 1982, 1983, 1986, 1989, 1991, 1997, 1999, 2007, 2010, 2016, 2017
100 Djiboutian Francs in 1997 Obverse.jpg 100 Djiboutian Francs in 1997 Reverse.jpg 100 francs 30 mm 2.3 mm 12 g 1977, 1983, 1991, 1996, 1997, 1999, 2004, 2007, 2010, 2013, 2017
250 Djiboutian Francs in 2012 Obverse.jpg 250 Djiboutian Francs in 2012 Reverse.jpg 250 francs 29 mm 2.1 mm 10g Bimetallic: copper-nickel centre in brass ring Djibouti francolin 2012 2012
500 Djiboutian Francs in 1997 Obverse.jpg 500 Djiboutian Francs in 1997 Reverse.jpg 500 francs 28 mm 3 mm 12.9 g Aluminium-bronze Smooth Laurel wreath 1989, 1991, 1997, 1999, 2010 1989
These images are to scale at 2.5 pixels per millimetre. For table standards, see the coin specification table.

Banknotes[edit]

Banque de l'Indochine, 5 Djibouti francs (1943).
Banque de l'Indochine, 5 Djibouti francs (1943).

Between 1910 and 1915, banknotes were introduced in denominations of 5, 20 and 100 francs. Chamber of Commerce notes were introduced in 1919 in denominations of 5, 10 and 50 centimes and 1 franc. The decline in the value of the French franc following World War I caused 500 and 1000 franc banknotes to be introduced in 1927 and 1938, respectively. 10 franc notes were introduced in 1946.

When the Public Treasury took over the production of paper money in 1952, the 5, 10 and 20 franc notes ceased production and 5000 franc notes were introduced. In 1970, the 50 and 100 franc notes were replaced by coins. In 1977, the National Bank took over production of banknotes. The only subsequent changes have been the introduction of 10,000 franc notes in 1984 and the replacement of the 500 franc note with a coin in 1989.

Banknotes of the Djiboutian franc (1979–1988)
Image Value Main Colour Dimensions Description Date of issue
Obverse Reverse Obverse Reverse Watermark Year of printing Year of issue
500 Djiboutian Francs in 1979 Obverse.jpg 500 Djiboutian Francs in 1979 Reverse.jpg 500 francs Multiple colors 140 × 75 mm Man at left, rocks in sea, storks at right Stern of ship at right Coat of arms of Djibouti 1979, 1988 1979
1000 Djiboutian Francs in 1979 Obverse.jpg 1000 Djiboutian Francs in 1979 Reverse.jpg 1000 francs Red 152 × 81 mm Woman at left, people by diesel passenger trains at center Trader with camels at center 1979, 2005
5000 Djiboutian Francs in 1979 Obverse.jpg 5000 Djiboutian Francs in 1979 Reverse.jpg 5000 francs Multiple colors 162 × 87 mm Man at right, forest scene at center Aerial view 1979
10000 Djiboutian Francs in 1979 Obverse.jpg 10000 Djiboutian Francs in 1979 Reverse.jpg 10,000 francs Brown and red 170 × 90 mm Woman holding baby Fish and harbor scene 1984 1984
Banknotes of the Djiboutian franc (1997–2009)
Image Value Main Colour Dimensions Description Date of issue
Obverse Reverse Obverse Reverse Watermark Year of printing Year of issue
1000 Djiboutian Francs in 2005 Obverse.jpg 1000 Djiboutian Francs in 2005 Reverse.jpg 1000 francs Red 155 × 70 mm Ali Ahmed Oudoum Port of Djibouti Coat of arms of Djibouti 2005 2005
2000 Djiboutian Francs in 2008 Obverse.jpg 2000 Djiboutian Francs in 2008 Reverse.jpg 2000 francs Blue 160 × 80 mm Young girl and camel caravan Statue with shield and government building 1997, 2008 1997
5000 Djiboutian Francs in 2002 Obverse.jpg 5000 Djiboutian Francs in 2002 Reverse.jpg 5000 francs Violet 168 × 80 mm Mahmoud Harbi Dancers 2002 2002
10000 Djiboutian Francs in 2009 Obverse.jpg 10000 Djiboutian Francs in 2009 Reverse.jpg 10,000 francs Green 175 × 81 mm President Hassan Gouled Aptidon Central Bank building 1999, 2009 1999
Banknotes of the Djiboutian franc (2017)
Image Value Main Colour Dimensions Description Date of issue
Obverse Reverse Obverse Reverse Watermark Year of printing Year of issue
40 Djiboutian Francs in 2017 Obverse Commemorative.jpg 40 Djiboutian Francs in 2017 Reverse Commemorative.jpg 40 francs Multicolored 153 × 70 mm Whale shark, corals Port of Djibouti Coat of arms of Djibouti 2017 2017
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

Exchange rate[edit]

Current DJF exchange rates
From Google Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY
From Yahoo! Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY
From XE.com: AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY
From OANDA: AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY

See also[edit]

References[edit]

  • Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
  • Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.