New Zealand Dollar djiboutian franc exchange rate history (NZD DJF) August 2023

New Zealand Dollar djiboutian franc history for August 2023. The highest quote for this month is 107.23 (01/08/2023) and the lowest 108.2 (01/08/2023). The difference between high and low is -0.9.

NZD DJF average rate for August 2023 is 106.226, the change between 01/08/2023 and 31/08/2023 is +4.05 %.

01 August 2023	1 NZD = 110.3 DJF
02 August 2023	1 NZD = 109.2 DJF
03 August 2023	1 NZD = 108.2 DJF
04 August 2023	1 NZD = 108.1 DJF
07 August 2023	1 NZD = 105.4 DJF
08 August 2023	1 NZD = 108.5 DJF
09 August 2023	1 NZD = 107.6 DJF
10 August 2023	1 NZD = 107.7 DJF
11 August 2023	1 NZD = 106.9 DJF
12 August 2023	1 NZD = 106.3 DJF
14 August 2023	1 NZD = 104.5 DJF
15 August 2023	1 NZD = 106.2 DJF
16 August 2023	1 NZD = 106.1 DJF
17 August 2023	1 NZD = 105.4 DJF
18 August 2023	1 NZD = 105.3 DJF
20 August 2023	1 NZD = 105.2 DJF
21 August 2023	1 NZD = 102.8 DJF
22 August 2023	1 NZD = 105.4 DJF
23 August 2023	1 NZD = 105.6 DJF
24 August 2023	1 NZD = 106.2 DJF
25 August 2023	1 NZD = 105.2 DJF
28 August 2023	1 NZD = 102.8 DJF
29 August 2023	1 NZD = 105.0 DJF
30 August 2023	1 NZD = 106.1 DJF
31 August 2023	1 NZD = 105.8 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.

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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

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

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

Historic New Zealand Dollar Djiboutian franc