DXF, Drawing Interchange Format, or Drawing Exchange Format, is a tagged data representation of AutoCAD drawing file. Each element in the file has a prefix integer number called a group code. This group code actually represents the element that follows and indicates the meaning of a data element for a given object type. DXF makes it possible to represent almost all user-specified information in a drawing file.
PNG, Portable Network Graphics, refers to a type of raster image file format that use loseless compression. This file format was created as a replacement of Graphics Interchange Format (GIF) and has no copyright limitations. However, PNG file format does not support animations. PNG file format supports loseless image compression that makes it popular among its users. With the passage of time, PNG has evolved as one of the mostly used image file format.
You can also convert DXF into many other file formats. Please see the complete list below.