Historic Danish Krone Djiboutian franc

Danish Krone djiboutian franc history for December 2023. The highest quote for this month is 26.396 (28/12/2023) and the lowest 26.314 (26/12/2023). The difference between high and low is 0.31.

DKK DJF average rate for December 2023 is 25.85377, the change between 01/12/2023 and 31/12/2023 is -0.03 %.

01 December 20231 DKK = 25.96 DJF
03 December 20231 DKK = 25.94 DJF
04 December 20231 DKK = 25.43 DJF
05 December 20231 DKK = 25.84 DJF
06 December 20231 DKK = 25.73 DJF
07 December 20231 DKK = 25.14 DJF
08 December 20231 DKK = 25.72 DJF
10 December 20231 DKK = 25.65 DJF
11 December 20231 DKK = 25.15 DJF
12 December 20231 DKK = 25.66 DJF
13 December 20231 DKK = 25.18 DJF
14 December 20231 DKK = 25.94 DJF
15 December 20231 DKK = 26.21 DJF
16 December 20231 DKK = 25.97 DJF
17 December 20231 DKK = 25.97 DJF
18 December 20231 DKK = 25.56 DJF
19 December 20231 DKK = 26.04 DJF
20 December 20231 DKK = 26.17 DJF
21 December 20231 DKK = 26.09 DJF
22 December 20231 DKK = 25.83 DJF
24 December 20231 DKK = 26.23 DJF
25 December 20231 DKK = 25.73 DJF
26 December 20231 DKK = 26.27 DJF
27 December 20231 DKK = 26.33 DJF
28 December 20231 DKK = 26.48 DJF
29 December 20231 DKK = 25.97 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.