Money
Currency
Djibouti Franc (Djf) = 100 centimes. Notes are in denominations of Djf10,000, 5000, 2000, 1000 and 500. Coins are in denominations of Djf500, 100, 50, 20 and 10.
Currency exchange
Currency can be exchanged at major banks and hotels, or at authorised bureaux de change in the capital. The bureaux de change are open all day, while the banks have limited opening hours.
Credit & debit cards
These are only accepted by airlines and some of the larger hotels.
Travellers cheques
To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars or Euros. Euro and Sterling cheques are not accepted unless marked as ‘External Account’ or ‘Pour Compte Etranger’. The majority of banks are in the place du 27 juin area.
Exchange rate indicators
The following figures are included as a guide to the movements of the Djibouti Franc against Sterling and the US Dollar:
| Date | May '04 | Aug '04 | Nov '04 | Feb '05 | | 1.00= | 312.57 | 322.50 | 333.10 | 343.51 | | $1.00= | 175.00 | 175.05 | 175.90 | 181.90 |
Currency restrictions
There are no restrictions on the import or export of either foreign or local currency.
Banking hours
Sat-Thurs 0715-1145.
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