Historic Costa Rican colón Djiboutian franc

Costa Rican colón djiboutian franc history for August 2023. The highest quote for this month is 0.33837 (18/08/2023) and the lowest 0.33425 (22/08/2023). The difference between high and low is 1.22.

CRC DJF average rate for August 2023 is 0.33643, the change between 01/08/2023 and 31/08/2023 is -0.24 %.

01 August 20231 CRC = 0.3366 DJF
02 August 20231 CRC = 0.3339 DJF
03 August 20231 CRC = 0.3335 DJF
04 August 20231 CRC = 0.3342 DJF
07 August 20231 CRC = 0.3281 DJF
08 August 20231 CRC = 0.3370 DJF
09 August 20231 CRC = 0.3363 DJF
10 August 20231 CRC = 0.3379 DJF
11 August 20231 CRC = 0.3393 DJF
12 August 20231 CRC = 0.3330 DJF
14 August 20231 CRC = 0.3330 DJF
15 August 20231 CRC = 0.3400 DJF
16 August 20231 CRC = 0.3409 DJF
17 August 20231 CRC = 0.3398 DJF
18 August 20231 CRC = 0.3398 DJF
19 August 20231 CRC = 0.3341 DJF
20 August 20231 CRC = 0.3341 DJF
21 August 20231 CRC = 0.3340 DJF
22 August 20231 CRC = 0.3418 DJF
23 August 20231 CRC = 0.3402 DJF
24 August 20231 CRC = 0.3383 DJF
25 August 20231 CRC = 0.3376 DJF
28 August 20231 CRC = 0.3306 DJF
29 August 20231 CRC = 0.3378 DJF
30 August 20231 CRC = 0.3378 DJF
31 August 20231 CRC = 0.3374 DJF

04/06/2020: Exchange rate stabilization

Efforts were made to stabilize the exchange rate of the Djiboutian franc to reduce inflation and encourage economic growth.

01/09/2013: Replacement of coins with bi-metallic coins

Coins of lower denominations of the Djiboutian franc were replaced with bi-metallic coins.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

01/01/2002: Introduction of new banknotes

New banknotes of the Djiboutian franc were introduced with enhanced security features.

15/09/1997: Second devaluation

The Djiboutian franc was devalued by 33% as a result of economic instability and high inflation.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

08/05/1977: First devaluation

The Djiboutian franc was devalued by 50% due to economic difficulties faced by the newly independent country.

27/06/1973: Independence from France

Djibouti gained independence from France and the Djiboutian franc became the national currency.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

01/01/1949: Introduction of the Djiboutian franc

The Djiboutian franc was introduced as the official currency of French Somaliland, replacing the French franc at a 1:1 exchange rate.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.