Malaysian ringgit djiboutian franc exchange rate history (MYR DJF) August 2023

Malaysian ringgit djiboutian franc history for August 2023. The highest quote for this month is 38.724 (12/08/2023) and the lowest 38.728 (12/08/2023). The difference between high and low is -0.01.

MYR DJF average rate for August 2023 is 38.45373, the change between 01/08/2023 and 31/08/2023 is +2.36 %.

01 August 2023	1 MYR = 39.25 DJF
02 August 2023	1 MYR = 39.32 DJF
03 August 2023	1 MYR = 39.02 DJF
04 August 2023	1 MYR = 39.13 DJF
07 August 2023	1 MYR = 37.96 DJF
08 August 2023	1 MYR = 39.00 DJF
09 August 2023	1 MYR = 38.80 DJF
10 August 2023	1 MYR = 38.90 DJF
11 August 2023	1 MYR = 38.89 DJF
12 August 2023	1 MYR = 38.73 DJF
14 August 2023	1 MYR = 38.09 DJF
15 August 2023	1 MYR = 38.49 DJF
16 August 2023	1 MYR = 38.43 DJF
17 August 2023	1 MYR = 38.41 DJF
18 August 2023	1 MYR = 38.22 DJF
19 August 2023	1 MYR = 38.22 DJF
20 August 2023	1 MYR = 38.22 DJF
21 August 2023	1 MYR = 37.34 DJF
22 August 2023	1 MYR = 38.25 DJF
23 August 2023	1 MYR = 38.25 DJF
24 August 2023	1 MYR = 38.25 DJF
25 August 2023	1 MYR = 38.28 DJF
28 August 2023	1 MYR = 37.52 DJF
29 August 2023	1 MYR = 38.20 DJF
30 August 2023	1 MYR = 38.28 DJF
31 August 2023	1 MYR = 38.32 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.

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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

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

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely 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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

08/05/1977: First devaluation

The Djiboutian franc was devalued by 50% due to economic difficulties faced by the newly independent country.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

27/06/1973: Independence from France

Djibouti gained independence from France and the Djiboutian franc became the national currency.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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 Malaysian ringgit Djiboutian franc