Cuban peso djiboutian franc exchange rate history (CUP DJF) December 2023

Cuban peso djiboutian franc history for December 2023. The highest quote for this month is 7.4173 (19/12/2023) and the lowest 7.4003 (26/12/2023). The difference between high and low is 0.23.

CUP DJF average rate for December 2023 is 7.36498, the change between 01/12/2023 and 31/12/2023 is +2.08 %.

01 December 2023	1 CUP = 7.41 DJF
02 December 2023	1 CUP = 7.40 DJF
03 December 2023	1 CUP = 7.40 DJF
04 December 2023	1 CUP = 7.26 DJF
05 December 2023	1 CUP = 7.41 DJF
06 December 2023	1 CUP = 7.41 DJF
07 December 2023	1 CUP = 7.25 DJF
08 December 2023	1 CUP = 7.41 DJF
10 December 2023	1 CUP = 7.40 DJF
11 December 2023	1 CUP = 7.25 DJF
12 December 2023	1 CUP = 7.41 DJF
13 December 2023	1 CUP = 7.25 DJF
14 December 2023	1 CUP = 7.41 DJF
15 December 2023	1 CUP = 7.42 DJF
16 December 2023	1 CUP = 7.40 DJF
17 December 2023	1 CUP = 7.40 DJF
18 December 2023	1 CUP = 7.26 DJF
19 December 2023	1 CUP = 7.41 DJF
20 December 2023	1 CUP = 7.42 DJF
21 December 2023	1 CUP = 7.41 DJF
22 December 2023	1 CUP = 7.30 DJF
23 December 2023	1 CUP = 7.40 DJF
24 December 2023	1 CUP = 7.40 DJF
25 December 2023	1 CUP = 7.26 DJF
26 December 2023	1 CUP = 7.41 DJF
27 December 2023	1 CUP = 7.40 DJF
28 December 2023	1 CUP = 7.41 DJF
29 December 2023	1 CUP = 7.26 DJF

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

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.

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

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

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

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

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.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

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 Cuban peso Djiboutian franc