Historic Djiboutian franc Danish Krone

Djiboutian franc danish krone history for January 2024. The highest quote for this month is 0.038848 (29/01/2024) and the lowest 0.039533 (29/01/2024). The difference between high and low is -1.76.

DJF DKK average rate for January 2024 is 0.03861, the change between 01/01/2024 and 31/01/2024 is +0.14 %.

01 January 20241 DJF = 0.0387 DKK
02 January 20241 DJF = 0.0380 DKK
03 January 20241 DJF = 0.0383 DKK
04 January 20241 DJF = 0.0384 DKK
05 January 20241 DJF = 0.0383 DKK
06 January 20241 DJF = 0.0382 DKK
07 January 20241 DJF = 0.0383 DKK
08 January 20241 DJF = 0.0393 DKK
09 January 20241 DJF = 0.0383 DKK
10 January 20241 DJF = 0.0384 DKK
11 January 20241 DJF = 0.0382 DKK
12 January 20241 DJF = 0.0382 DKK
14 January 20241 DJF = 0.0383 DKK
15 January 20241 DJF = 0.0392 DKK
16 January 20241 DJF = 0.0383 DKK
17 January 20241 DJF = 0.0394 DKK
18 January 20241 DJF = 0.0386 DKK
19 January 20241 DJF = 0.0386 DKK
22 January 20241 DJF = 0.0394 DKK
23 January 20241 DJF = 0.0386 DKK
24 January 20241 DJF = 0.0386 DKK
25 January 20241 DJF = 0.0386 DKK
26 January 20241 DJF = 0.0387 DKK
27 January 20241 DJF = 0.0385 DKK
28 January 20241 DJF = 0.0386 DKK
29 January 20241 DJF = 0.0395 DKK
30 January 20241 DJF = 0.0387 DKK
31 January 20241 DJF = 0.0387 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.