Historic Danish Krone Djiboutian franc

Danish Krone djiboutian franc history for August 2023. The highest quote for this month is 26.095 (12/08/2023) and the lowest 26.095 (12/08/2023). The difference between high and low is 0.

DKK DJF average rate for August 2023 is 25.93825, the change between 01/08/2023 and 31/08/2023 is +0.63 %.

01 August 20231 DKK = 26.23 DJF
02 August 20231 DKK = 26.26 DJF
03 August 20231 DKK = 26.10 DJF
04 August 20231 DKK = 26.12 DJF
07 August 20231 DKK = 25.52 DJF
08 August 20231 DKK = 26.24 DJF
09 August 20231 DKK = 26.14 DJF
10 August 20231 DKK = 26.19 DJF
11 August 20231 DKK = 26.19 DJF
12 August 20231 DKK = 26.10 DJF
14 August 20231 DKK = 25.65 DJF
15 August 20231 DKK = 26.02 DJF
16 August 20231 DKK = 26.06 DJF
17 August 20231 DKK = 25.94 DJF
18 August 20231 DKK = 25.94 DJF
21 August 20231 DKK = 25.32 DJF
22 August 20231 DKK = 25.99 DJF
23 August 20231 DKK = 25.87 DJF
24 August 20231 DKK = 25.91 DJF
25 August 20231 DKK = 25.76 DJF
28 August 20231 DKK = 25.21 DJF
29 August 20231 DKK = 25.82 DJF
30 August 20231 DKK = 25.92 DJF
31 August 20231 DKK = 26.07 DJF

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

01/01/2002: Introduction of new banknotes

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

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

15/09/1997: Second devaluation

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

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

01/01/1949: 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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.