Danish Krone djiboutian franc exchange rate history (DKK DJF) February 2024

Danish Krone djiboutian franc history for February 2024. The highest quote for this month is 25.86 (25/02/2024) and the lowest 25.85 (25/02/2024). The difference between high and low is 0.04.

DKK DJF average rate for February 2024 is 25.57588, the change between 01/02/2024 and 29/02/2024 is +2.01 %.

01 February 2024	1 DKK = 25.76 DJF
02 February 2024	1 DKK = 25.93 DJF
03 February 2024	1 DKK = 25.77 DJF
04 February 2024	1 DKK = 25.78 DJF
05 February 2024	1 DKK = 25.39 DJF
06 February 2024	1 DKK = 25.07 DJF
07 February 2024	1 DKK = 25.09 DJF
08 February 2024	1 DKK = 25.68 DJF
09 February 2024	1 DKK = 25.69 DJF
12 February 2024	1 DKK = 25.16 DJF
13 February 2024	1 DKK = 25.69 DJF
14 February 2024	1 DKK = 25.53 DJF
15 February 2024	1 DKK = 25.59 DJF
16 February 2024	1 DKK = 25.69 DJF
17 February 2024	1 DKK = 25.72 DJF
18 February 2024	1 DKK = 25.72 DJF
19 February 2024	1 DKK = 25.16 DJF
20 February 2024	1 DKK = 25.69 DJF
21 February 2024	1 DKK = 25.78 DJF
22 February 2024	1 DKK = 25.80 DJF
23 February 2024	1 DKK = 25.27 DJF
25 February 2024	1 DKK = 25.86 DJF
26 February 2024	1 DKK = 25.22 DJF
27 February 2024	1 DKK = 25.87 DJF
28 February 2024	1 DKK = 25.85 DJF
29 February 2024	1 DKK = 25.24 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.

Historic Danish Krone Djiboutian franc