Historic Cuban peso Djiboutian franc

Cuban peso djiboutian franc history for February 2024. The highest quote for this month is 7.4177 (03/02/2024) and the lowest 7.4177 (04/02/2024). The difference between high and low is 0.

CUP DJF average rate for February 2024 is 7.3673, the change between 01/02/2024 and 29/02/2024 is +2.31 %.

01 February 20241 CUP = 7.43 DJF
02 February 20241 CUP = 7.42 DJF
03 February 20241 CUP = 7.42 DJF
04 February 20241 CUP = 7.42 DJF
05 February 20241 CUP = 7.26 DJF
06 February 20241 CUP = 7.25 DJF
07 February 20241 CUP = 7.25 DJF
08 February 20241 CUP = 7.41 DJF
09 February 20241 CUP = 7.41 DJF
12 February 20241 CUP = 7.25 DJF
13 February 20241 CUP = 7.41 DJF
14 February 20241 CUP = 7.41 DJF
15 February 20241 CUP = 7.41 DJF
16 February 20241 CUP = 7.42 DJF
17 February 20241 CUP = 7.41 DJF
18 February 20241 CUP = 7.41 DJF
19 February 20241 CUP = 7.25 DJF
20 February 20241 CUP = 7.41 DJF
21 February 20241 CUP = 7.41 DJF
22 February 20241 CUP = 7.41 DJF
23 February 20241 CUP = 7.26 DJF
24 February 20241 CUP = 7.41 DJF
25 February 20241 CUP = 7.42 DJF
26 February 20241 CUP = 7.25 DJF
27 February 20241 CUP = 7.41 DJF
28 February 20241 CUP = 7.42 DJF
29 February 20241 CUP = 7.26 DJF

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

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.

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

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

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

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

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.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

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.