Historic Djiboutian franc Burmese kyat

Djiboutian franc burmese kyat history for December 2023. The highest quote for this month is 11.792 (02/12/2023) and the lowest 11.961 (13/12/2023). The difference between high and low is -1.43.

DJF MMK average rate for December 2023 is 11.79704, the change between 01/12/2023 and 31/12/2023 is -2.14 %.

01 December 20231 DJF = 11.70 MMK
02 December 20231 DJF = 11.79 MMK
03 December 20231 DJF = 11.79 MMK
04 December 20231 DJF = 11.96 MMK
05 December 20231 DJF = 11.71 MMK
06 December 20231 DJF = 11.70 MMK
07 December 20231 DJF = 11.96 MMK
08 December 20231 DJF = 11.71 MMK
10 December 20231 DJF = 11.79 MMK
11 December 20231 DJF = 11.96 MMK
12 December 20231 DJF = 11.71 MMK
13 December 20231 DJF = 11.96 MMK
14 December 20231 DJF = 11.70 MMK
15 December 20231 DJF = 11.70 MMK
16 December 20231 DJF = 11.79 MMK
17 December 20231 DJF = 11.79 MMK
18 December 20231 DJF = 11.96 MMK
19 December 20231 DJF = 11.70 MMK
20 December 20231 DJF = 11.69 MMK
21 December 20231 DJF = 11.70 MMK
22 December 20231 DJF = 11.88 MMK
23 December 20231 DJF = 11.79 MMK
24 December 20231 DJF = 11.79 MMK
25 December 20231 DJF = 11.96 MMK
26 December 20231 DJF = 11.72 MMK
27 December 20231 DJF = 11.73 MMK
28 December 20231 DJF = 11.70 MMK
29 December 20231 DJF = 11.96 MMK

22/02/2021: Kyat's Depreciation Challenges

The Burmese kyat faced significant depreciation and instability due to political turmoil and the military coup in Myanmar.

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.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

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

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

02/04/2012: Managed Float Regime Implemented

The Burmese government adopted a managed float exchange rate regime, allowing the kyat to fluctuate based on market forces.

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.

01/04/1990: Foreign Exchange Certificates Introduced

Foreign Exchange Certificates (FECs) were introduced as a parallel currency to stabilize the economy and control the black market.

01/09/1987: Second Kyat Revalued

Due to hyperinflation, the Burmese kyat was again revalued, with 1 kyat replacing 10 new kyats.

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.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

01/07/1952: Kyat Introduced

The Burmese kyat was first introduced as the official currency of Burma, replacing the Indian rupee at an exchange rate of 1 kyat = 1 rupee.

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.
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