Algerian dinar djiboutian franc exchange rate history (DZD DJF) August 2023

Algerian dinar djiboutian franc history for August 2023. The highest quote for this month is 1.313 (18/08/2023) and the lowest 1.3127 (12/08/2023). The difference between high and low is 0.02.

DZD DJF average rate for August 2023 is 1.30613, the change between 01/08/2023 and 31/08/2023 is +0.37 %.

01 August 2023	1 DZD = 1.315 DJF
02 August 2023	1 DZD = 1.315 DJF
03 August 2023	1 DZD = 1.314 DJF
04 August 2023	1 DZD = 1.312 DJF
07 August 2023	1 DZD = 1.280 DJF
08 August 2023	1 DZD = 1.314 DJF
09 August 2023	1 DZD = 1.312 DJF
10 August 2023	1 DZD = 1.313 DJF
11 August 2023	1 DZD = 1.315 DJF
12 August 2023	1 DZD = 1.313 DJF
14 August 2023	1 DZD = 1.289 DJF
15 August 2023	1 DZD = 1.313 DJF
16 August 2023	1 DZD = 1.315 DJF
17 August 2023	1 DZD = 1.312 DJF
18 August 2023	1 DZD = 1.312 DJF
19 August 2023	1 DZD = 1.309 DJF
20 August 2023	1 DZD = 1.309 DJF
21 August 2023	1 DZD = 1.277 DJF
22 August 2023	1 DZD = 1.308 DJF
23 August 2023	1 DZD = 1.307 DJF
24 August 2023	1 DZD = 1.307 DJF
25 August 2023	1 DZD = 1.306 DJF
28 August 2023	1 DZD = 1.276 DJF
29 August 2023	1 DZD = 1.304 DJF
30 August 2023	1 DZD = 1.304 DJF
31 August 2023	1 DZD = 1.310 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.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

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

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

01/01/2002: Introduction of new banknotes

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

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

15/09/1997: Second devaluation

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

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

08/05/1977: First devaluation

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

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

27/06/1973: Independence from France

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

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

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 Algerian dinar Djiboutian franc