Best USD to DJF exchange rate for today | finder.com

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

US dollar to Djiboutian franc exchange rate

Find the best USD/DJF exchange rate for 21 Apr 2021.

Live Rate

= Fdj 177.9758

Refreshing in: 60s | Wed, Apr 21, 04:10AM GMT

  • Cheap transfers
  • Bank-beating exchange rates
  • Safe and reliable

Looking for the best exchange rate?

There are other factors to consider when sending an international money transfer in addition to the exchange rate, including the transfer fees, the payment method, the speed of delivery and the level of customer service. What’s best for you might not be best for someone else.

Send money to Djibouti with WorldRemit

WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.

  • No minimum transfers.
  • Wide range of destinations.
  • Competitive exchange rate.
Promoted

How can I get the best exchange rate between US dollar and the Djiboutian franc?

To get the best exchange rate between the US dollar and the Djiboutian franc, you should first check here on Finder.com to find the real, live exchange rate of the currency. This is what’s known as the mid-market exchange rate, and is the same rate as banks use to trade between themselves.
However, when the bank offers you an exchange rate, they have already added a premium on top of their own rate, making you lose money in the process.
Because of this, you should instead compare the exchange rate offered by different online money transfer services if you need to send money to someone in Djibouti. These often offer a much better rate than banks do. Pick the one that offer an exchange rate as close as possible to the mid-market rate, but keep in mind that some of them may add fixed service fees in addition.

US Dollar

The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
Currency:US Dollar
Currency Symbol:$
Sub unit:cents
Bank notes:$1, $5, $10, $20, $50, $100
Coins:1c, 5c, 10c, 25c, 50c

Djibouti Franc

The Djibouti franc is the official currency of the French- and Arabic-speaking East African country of Djibouti. Introduced in 1949 as an independent currency, it is pegged to the US dollar.
Currency:Djibouti Franc
Currency Symbol:Fdj
Sub unit:centime
Bank notes:1000, 2000, 5000, 10,000 Fdj
Coins:1, 2, 5, 10, 20, 50, 100, 250, 500 Fdj

What affects exchange rates between the US dollar and the Djiboutian franc?

The Djiboutian franc has been pegged to the US dollar at a fixed rate since 1973. Because of this, the exchange rate between the US dollar and the Djiboutian franc only experiences very small fluctuations. As long as the Djiboutian Central Bank keeps its peg policy with the dollar, this exchange rate will remain the same.
If you are planning to transfer a lot of money to Djibouti it is a good idea to follow closely all official statements from the Djiboutian Central Bank about the peg policy with the US dollar. If the economic situation in either Djibouti or the United States changes dramatically, it may cause the central bank to revalue the currency or even scrap the peg altogether. Examples of things that could make this happen would be a new financial crisis or sharp changes in the value of the US dollar.

Send money from USD to DJF

Our table lets you compare the services you can use to send money abroad. Compare services on transfer speeds and fees, then click Go to site when you're ready to send.
Data updated regularly
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
XE
Within minutes
$3

View details
XE has fast transfers with no fees and a range of foreign currency tools.
loading

Compare up to 4 providers

How does the Djiboutian franc trade against the US dollar historically?

As a former French colony, French francs have been circulating in Djibouti since 1884, along with Indian rupees. The Djiboutian franc was first introduced in 1949 with a peg to the US dollar of 214 francs to 1 US dollar. Since then, the franc has been revalued two times against the dollar, one time in 1971 and again in 1973.

Since the last revaluation in 1973, the Djiboutian franc has been pegged to the US dollar at a rate of 177 francs to 1 dollar, which remains until today.

Djibouti today is a small economy that is highly dependent on trade with foreign countries. The country struggles with high unemployment, high poverty, and an unskilled work force. Because of this, most of Djibouti’s revenues come from its port and strategic position as a refueling port for commercial ships in the Red Sea.

If international trade and shipping declines, the Djiboutian economy would suffer badly and even more pressure would be added on the Djiboutian franc. In this situation, the Djiboutian Central Bank may be forced to devalue the Djiboutian franc compared to the US dollar.

US Dollar to the Djibouti Franc for the last 10 days

Apr 11 Apr 12 Apr 13 Apr 14 Apr 15 Apr 16 Apr 17 Apr 18 Apr 19 Apr 20
1 USD = 177.8207 Inverse: 0.0056 178.0364 Inverse: 0.0056 178.0500 Inverse: 0.0056 178.0335 Inverse: 0.0056 177.9679 Inverse: 0.0056 178.0000 Inverse: 0.0056 178.1263 Inverse: 0.0056 178.1984 Inverse: 0.0056 177.9780 Inverse: 0.0056 177.9758 Inverse: 0.0056

US Dollar to the Djibouti Franc for the last 10 months

Jun 2020 Jul 2020 Aug 2020 Sep 2020 Oct 2020 Nov 2020 Dec 2020 Jan 2021 Feb 2021 Mar 2021
1 USD = 178.0500 Inverse: 0.0056 177.8878 Inverse: 0.0056 178.1463 Inverse: 0.0056 177.9953 Inverse: 0.0056 178.0187 Inverse: 0.0056 178.0500 Inverse: 0.0056 178.0539 Inverse: 0.0056 178.1114 Inverse: 0.0056 178.0307 Inverse: 0.0056 178.0031 Inverse: 0.0056

US Dollar to the Djibouti Franc for the last 10 years

Apr 2011 Apr 2012 Apr 2013 Apr 2014 Apr 2015 Apr 2016 Apr 2017 Apr 2018 Apr 2019 Apr 2020
1 USD = 177.7210 Inverse: 0.0056 178.1055 Inverse: 0.0056 177.2664 Inverse: 0.0056 178.8363 Inverse: 0.0056 177.6000 Inverse: 0.0056 177.6971 Inverse: 0.0056 178.6500 Inverse: 0.0056 176.9600 Inverse: 0.0057 178.0000 Inverse: 0.0056 178.0500 Inverse: 0.0056

Market rate for common transfer amounts USD to DJF

US Dollars (USD) Djibouti Franc (DJF)
$1 0
$100 0
$500 0
$1000 0
$1500 0
$2500 0
$5000 0

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site