Djiboutian franc cuban peso exchange rate history (DJF CUP) October 2023

Djiboutian franc cuban peso history for October 2023. The highest quote for this month is 0.13795 (04/10/2023) and the lowest 0.13797 (03/10/2023). The difference between high and low is -0.01.

DJF CUP average rate for October 2023 is 0.13571, the change between 01/10/2023 and 31/10/2023 is +0.29 %.

01 October 2023	1 DJF = 0.1352 CUP
02 October 2023	1 DJF = 0.1379 CUP
03 October 2023	1 DJF = 0.1350 CUP
04 October 2023	1 DJF = 0.1380 CUP
05 October 2023	1 DJF = 0.1347 CUP
06 October 2023	1 DJF = 0.1380 CUP
07 October 2023	1 DJF = 0.1352 CUP
09 October 2023	1 DJF = 0.1379 CUP
10 October 2023	1 DJF = 0.1349 CUP
11 October 2023	1 DJF = 0.1350 CUP
12 October 2023	1 DJF = 0.1349 CUP
13 October 2023	1 DJF = 0.1349 CUP
16 October 2023	1 DJF = 0.1380 CUP
17 October 2023	1 DJF = 0.1349 CUP
18 October 2023	1 DJF = 0.1347 CUP
19 October 2023	1 DJF = 0.1349 CUP
20 October 2023	1 DJF = 0.1348 CUP
21 October 2023	1 DJF = 0.1352 CUP
22 October 2023	1 DJF = 0.1352 CUP
23 October 2023	1 DJF = 0.1379 CUP
24 October 2023	1 DJF = 0.1348 CUP
25 October 2023	1 DJF = 0.1349 CUP
26 October 2023	1 DJF = 0.1349 CUP
27 October 2023	1 DJF = 0.1349 CUP
28 October 2023	1 DJF = 0.1356 CUP
29 October 2023	1 DJF = 0.1352 CUP
30 October 2023	1 DJF = 0.1379 CUP
31 October 2023	1 DJF = 0.1348 CUP

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

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.

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

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

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

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

01/01/2002: Introduction of new banknotes

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

15/09/1997: Second devaluation

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

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

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.

Historic Djiboutian franc Cuban peso