South Korean Won djiboutian franc exchange rate history (KRW DJF) October 2023

South Korean Won djiboutian franc history for October 2023. The highest quote for this month is 0.13165 (22/10/2023) and the lowest 0.1316 (21/10/2023). The difference between high and low is 0.04.

KRW DJF average rate for October 2023 is 0.1309, the change between 01/10/2023 and 31/10/2023 is -0.37 %.

01 October 2023	1 KRW = 0.1313 DJF
02 October 2023	1 KRW = 0.1288 DJF
03 October 2023	1 KRW = 0.1312 DJF
04 October 2023	1 KRW = 0.1279 DJF
05 October 2023	1 KRW = 0.1315 DJF
06 October 2023	1 KRW = 0.1287 DJF
07 October 2023	1 KRW = 0.1321 DJF
09 October 2023	1 KRW = 0.1288 DJF
10 October 2023	1 KRW = 0.1320 DJF
11 October 2023	1 KRW = 0.1324 DJF
12 October 2023	1 KRW = 0.1328 DJF
13 October 2023	1 KRW = 0.1318 DJF
16 October 2023	1 KRW = 0.1286 DJF
17 October 2023	1 KRW = 0.1319 DJF
18 October 2023	1 KRW = 0.1314 DJF
19 October 2023	1 KRW = 0.1312 DJF
20 October 2023	1 KRW = 0.1310 DJF
21 October 2023	1 KRW = 0.1316 DJF
22 October 2023	1 KRW = 0.1316 DJF
23 October 2023	1 KRW = 0.1286 DJF
24 October 2023	1 KRW = 0.1332 DJF
25 October 2023	1 KRW = 0.1323 DJF
26 October 2023	1 KRW = 0.1314 DJF
27 October 2023	1 KRW = 0.1316 DJF
28 October 2023	1 KRW = 0.1306 DJF
29 October 2023	1 KRW = 0.1310 DJF
30 October 2023	1 KRW = 0.1280 DJF
31 October 2023	1 KRW = 0.1318 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.

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

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

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/2002: Introduction of new banknotes

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

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

15/09/1997: Second devaluation

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

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

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.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

Historic South Korean Won Djiboutian franc