Djiboutian franc namibian dollar exchange rate history (DJF NAD) August 2023

Djiboutian franc namibian dollar history for August 2023. The highest quote for this month is 0.11356 (15/08/2023) and the lowest 0.10984 (18/08/2023). The difference between high and low is 3.28.

DJF NAD average rate for August 2023 is 0.10523, the change between 01/08/2023 and 31/08/2023 is -5.21 %.

01 August 2023	1 DJF = 0.1004 NAD
02 August 2023	1 DJF = 0.1004 NAD
03 August 2023	1 DJF = 0.1004 NAD
04 August 2023	1 DJF = 0.1028 NAD
07 August 2023	1 DJF = 0.1057 NAD
08 August 2023	1 DJF = 0.1028 NAD
09 August 2023	1 DJF = 0.1028 NAD
10 August 2023	1 DJF = 0.1028 NAD
11 August 2023	1 DJF = 0.1028 NAD
12 August 2023	1 DJF = 0.1067 NAD
14 August 2023	1 DJF = 0.1070 NAD
15 August 2023	1 DJF = 0.1052 NAD
16 August 2023	1 DJF = 0.1074 NAD
17 August 2023	1 DJF = 0.1072 NAD
18 August 2023	1 DJF = 0.1075 NAD
19 August 2023	1 DJF = 0.1070 NAD
20 August 2023	1 DJF = 0.1069 NAD
21 August 2023	1 DJF = 0.1101 NAD
22 August 2023	1 DJF = 0.1069 NAD
23 August 2023	1 DJF = 0.1069 NAD
24 August 2023	1 DJF = 0.1057 NAD
25 August 2023	1 DJF = 0.1057 NAD
28 August 2023	1 DJF = 0.1079 NAD
29 August 2023	1 DJF = 0.1057 NAD
30 August 2023	1 DJF = 0.1057 NAD
31 August 2023	1 DJF = 0.1057 NAD

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

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

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

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/01/2002: Introduction of new banknotes

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

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

15/09/1997: Second devaluation

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

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.

01/01/1949: 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.

Historic Djiboutian franc Namibian dollar