Historic Djiboutian franc Danish Krone

Djiboutian franc danish krone history for February 2024. The highest quote for this month is 0.039979 (06/02/2024) and the lowest 0.039941 (14/02/2024). The difference between high and low is 0.1.

DJF DKK average rate for February 2024 is 0.0391, the change between 01/02/2024 and 29/02/2024 is -2.05 %.

01 February 20241 DJF = 0.0388 DKK
02 February 20241 DJF = 0.0386 DKK
03 February 20241 DJF = 0.0388 DKK
04 February 20241 DJF = 0.0388 DKK
05 February 20241 DJF = 0.0394 DKK
06 February 20241 DJF = 0.0399 DKK
07 February 20241 DJF = 0.0399 DKK
08 February 20241 DJF = 0.0389 DKK
09 February 20241 DJF = 0.0389 DKK
12 February 20241 DJF = 0.0397 DKK
13 February 20241 DJF = 0.0389 DKK
14 February 20241 DJF = 0.0392 DKK
15 February 20241 DJF = 0.0391 DKK
16 February 20241 DJF = 0.0389 DKK
17 February 20241 DJF = 0.0389 DKK
18 February 20241 DJF = 0.0389 DKK
19 February 20241 DJF = 0.0397 DKK
20 February 20241 DJF = 0.0389 DKK
21 February 20241 DJF = 0.0388 DKK
22 February 20241 DJF = 0.0388 DKK
23 February 20241 DJF = 0.0396 DKK
25 February 20241 DJF = 0.0387 DKK
26 February 20241 DJF = 0.0396 DKK
27 February 20241 DJF = 0.0387 DKK
28 February 20241 DJF = 0.0387 DKK
29 February 20241 DJF = 0.0396 DKK

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.