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.
10/10/2013: Plastic Banknotes Introduced
Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.
01/09/2013: Replacement of coins with bi-metallic coins
Coins of lower denominations of the Djiboutian franc were replaced with bi-metallic coins.
28/04/2009: Floating Exchange Rate
Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.
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.
14/01/1985: Currency Devaluation
Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.
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.
15/01/1971: Fixed Exchange Rate
Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.
12/12/1969: Decimalization of Currency
Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.
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.
01/01/1875: Introduction of Fijian Currency
Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.
10/10/1873: Devaluation of Spanish Dollars
The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.