Historic Djiboutian franc Azerbaijani manat

Djiboutian franc azerbaijani manat history for February 2024. The highest quote for this month is 0.009768 (22/02/2024) and the lowest 0.009831 (02/02/2024). The difference between high and low is -0.64.

DJF AZN average rate for February 2024 is 0.00964, the change between 01/02/2024 and 29/02/2024 is -2.39 %.

01 February 20241 DJF = 0.0096 AZN
02 February 20241 DJF = 0.0096 AZN
05 February 20241 DJF = 0.0097 AZN
06 February 20241 DJF = 0.0098 AZN
07 February 20241 DJF = 0.0098 AZN
08 February 20241 DJF = 0.0096 AZN
09 February 20241 DJF = 0.0096 AZN
12 February 20241 DJF = 0.0098 AZN
13 February 20241 DJF = 0.0096 AZN
14 February 20241 DJF = 0.0096 AZN
15 February 20241 DJF = 0.0096 AZN
16 February 20241 DJF = 0.0096 AZN
19 February 20241 DJF = 0.0098 AZN
20 February 20241 DJF = 0.0096 AZN
21 February 20241 DJF = 0.0096 AZN
22 February 20241 DJF = 0.0096 AZN
23 February 20241 DJF = 0.0098 AZN
26 February 20241 DJF = 0.0098 AZN
27 February 20241 DJF = 0.0096 AZN
28 February 20241 DJF = 0.0096 AZN
29 February 20241 DJF = 0.0098 AZN

31/12/2020: Digital Currency Pilot

Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.

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.

20/12/2017: Second Devaluation

The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.

20/12/2015: Devaluation

The manat was devalued by more than 30% against the US dollar in response to falling oil prices.

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

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

20/02/2005: Pegged to US Dollar

The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.

01/01/2002: Introduction of new banknotes

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

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

15/09/1997: Second devaluation

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

31/12/1993: Hyperinflation

Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.

14/08/1992: Introduction of Manat

The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.

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.