Historic Danish Krone Djiboutian franc

Danish Krone djiboutian franc history for October 2023. The highest quote for this month is 25.22 (21/10/2023) and the lowest 25.233 (22/10/2023). The difference between high and low is -0.05.

DKK DJF average rate for October 2023 is 25.01526, the change between 01/10/2023 and 31/10/2023 is -0.43 %.

01 October 20231 DKK = 25.17 DJF
02 October 20231 DKK = 24.68 DJF
03 October 20231 DKK = 24.98 DJF
04 October 20231 DKK = 24.40 DJF
05 October 20231 DKK = 25.04 DJF
06 October 20231 DKK = 24.51 DJF
09 October 20231 DKK = 24.52 DJF
10 October 20231 DKK = 25.22 DJF
11 October 20231 DKK = 25.28 DJF
12 October 20231 DKK = 25.32 DJF
13 October 20231 DKK = 25.11 DJF
16 October 20231 DKK = 24.53 DJF
17 October 20231 DKK = 25.15 DJF
18 October 20231 DKK = 25.18 DJF
19 October 20231 DKK = 25.10 DJF
20 October 20231 DKK = 25.21 DJF
21 October 20231 DKK = 25.22 DJF
22 October 20231 DKK = 25.20 DJF
23 October 20231 DKK = 24.62 DJF
24 October 20231 DKK = 25.41 DJF
25 October 20231 DKK = 25.23 DJF
26 October 20231 DKK = 25.16 DJF
27 October 20231 DKK = 25.16 DJF
28 October 20231 DKK = 25.07 DJF
29 October 20231 DKK = 25.14 DJF
30 October 20231 DKK = 24.54 DJF
31 October 20231 DKK = 25.27 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.