Japanese Yen djiboutian franc exchange rate history (JPY DJF) August 2023

Japanese Yen djiboutian franc history for August 2023. The highest quote for this month is 1.2251 (12/08/2023) and the lowest 1.2264 (04/08/2023). The difference between high and low is -0.11.

JPY DJF average rate for August 2023 is 1.22343, the change between 01/08/2023 and 31/08/2023 is +2.59 %.

01 August 2023	1 JPY = 1.249 DJF
02 August 2023	1 JPY = 1.243 DJF
03 August 2023	1 JPY = 1.240 DJF
04 August 2023	1 JPY = 1.246 DJF
07 August 2023	1 JPY = 1.218 DJF
08 August 2023	1 JPY = 1.247 DJF
09 August 2023	1 JPY = 1.240 DJF
10 August 2023	1 JPY = 1.237 DJF
11 August 2023	1 JPY = 1.227 DJF
12 August 2023	1 JPY = 1.225 DJF
14 August 2023	1 JPY = 1.206 DJF
15 August 2023	1 JPY = 1.222 DJF
16 August 2023	1 JPY = 1.223 DJF
17 August 2023	1 JPY = 1.215 DJF
18 August 2023	1 JPY = 1.220 DJF
20 August 2023	1 JPY = 1.221 DJF
21 August 2023	1 JPY = 1.194 DJF
22 August 2023	1 JPY = 1.215 DJF
23 August 2023	1 JPY = 1.219 DJF
24 August 2023	1 JPY = 1.228 DJF
25 August 2023	1 JPY = 1.217 DJF
28 August 2023	1 JPY = 1.187 DJF
29 August 2023	1 JPY = 1.213 DJF
30 August 2023	1 JPY = 1.217 DJF
31 August 2023	1 JPY = 1.216 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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

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

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

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

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.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

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 Japanese Yen Djiboutian franc