Historic Japanese Yen Djiboutian franc

Japanese Yen djiboutian franc history for September 2023. The highest quote for this month is 1.1968 (23/09/2023) and the lowest 1.2037 (01/09/2023). The difference between high and low is -0.58.

JPY DJF average rate for September 2023 is 1.19567, the change between 01/09/2023 and 30/09/2023 is +2.68 %.

01 September 20231 JPY = 1.222 DJF
04 September 20231 JPY = 1.196 DJF
05 September 20231 JPY = 1.213 DJF
06 September 20231 JPY = 1.181 DJF
07 September 20231 JPY = 1.203 DJF
08 September 20231 JPY = 1.206 DJF
11 September 20231 JPY = 1.180 DJF
12 September 20231 JPY = 1.184 DJF
13 September 20231 JPY = 1.208 DJF
14 September 20231 JPY = 1.206 DJF
15 September 20231 JPY = 1.205 DJF
18 September 20231 JPY = 1.174 DJF
19 September 20231 JPY = 1.204 DJF
20 September 20231 JPY = 1.203 DJF
21 September 20231 JPY = 1.198 DJF
22 September 20231 JPY = 1.204 DJF
23 September 20231 JPY = 1.193 DJF
25 September 20231 JPY = 1.167 DJF
26 September 20231 JPY = 1.194 DJF
27 September 20231 JPY = 1.192 DJF
28 September 20231 JPY = 1.189 DJF
29 September 20231 JPY = 1.190 DJF
30 September 20231 JPY = 1.189 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.