Djiboutian franc danish krone exchange rate history (DJF DKK) September 2023

Djiboutian franc danish krone history for September 2023. The highest quote for this month is 0.040741 (28/09/2023) and the lowest 0.040552 (28/09/2023). The difference between high and low is 0.46.

DJF DKK average rate for September 2023 is 0.03952, the change between 01/09/2023 and 30/09/2023 is -2.72 %.

01 September 2023	1 DJF = 0.0387 DKK
04 September 2023	1 DJF = 0.0396 DKK
05 September 2023	1 DJF = 0.0389 DKK
06 September 2023	1 DJF = 0.0399 DKK
07 September 2023	1 DJF = 0.0391 DKK
08 September 2023	1 DJF = 0.0392 DKK
11 September 2023	1 DJF = 0.0401 DKK
12 September 2023	1 DJF = 0.0400 DKK
13 September 2023	1 DJF = 0.0390 DKK
14 September 2023	1 DJF = 0.0391 DKK
15 September 2023	1 DJF = 0.0395 DKK
18 September 2023	1 DJF = 0.0403 DKK
19 September 2023	1 DJF = 0.0392 DKK
20 September 2023	1 DJF = 0.0393 DKK
21 September 2023	1 DJF = 0.0394 DKK
22 September 2023	1 DJF = 0.0393 DKK
23 September 2023	1 DJF = 0.0396 DKK
25 September 2023	1 DJF = 0.0404 DKK
26 September 2023	1 DJF = 0.0396 DKK
27 September 2023	1 DJF = 0.0397 DKK
28 September 2023	1 DJF = 0.0399 DKK
29 September 2023	1 DJF = 0.0397 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.

Historic Djiboutian franc Danish Krone