Historic Djiboutian franc Georgian Lari

Djiboutian franc georgian lari history for February 2024. The highest quote for this month is 0.015256 (06/02/2024) and the lowest 0.015429 (02/02/2024). The difference between high and low is -1.13.

DJF GEL average rate for February 2024 is 0.01499, the change between 01/02/2024 and 29/02/2024 is -1.58 %.

01 February 20241 DJF = 0.0150 GEL
02 February 20241 DJF = 0.0150 GEL
03 February 20241 DJF = 0.0149 GEL
05 February 20241 DJF = 0.0151 GEL
06 February 20241 DJF = 0.0153 GEL
07 February 20241 DJF = 0.0152 GEL
08 February 20241 DJF = 0.0149 GEL
09 February 20241 DJF = 0.0149 GEL
12 February 20241 DJF = 0.0152 GEL
13 February 20241 DJF = 0.0149 GEL
14 February 20241 DJF = 0.0149 GEL
15 February 20241 DJF = 0.0148 GEL
16 February 20241 DJF = 0.0148 GEL
17 February 20241 DJF = 0.0148 GEL
19 February 20241 DJF = 0.0151 GEL
20 February 20241 DJF = 0.0148 GEL
21 February 20241 DJF = 0.0148 GEL
22 February 20241 DJF = 0.0149 GEL
23 February 20241 DJF = 0.0152 GEL
24 February 20241 DJF = 0.0149 GEL
26 February 20241 DJF = 0.0152 GEL
27 February 20241 DJF = 0.0149 GEL
28 February 20241 DJF = 0.0149 GEL
29 February 20241 DJF = 0.0153 GEL

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.

13/03/2020: COVID-19 Impact

The outbreak of the COVID-19 pandemic caused global economic uncertainty, leading to a decline in the value of the Georgian Lari and affecting the country's financial stability.

25/01/2016: Currency Restructuring

The National Bank of Georgia implemented currency restructuring measures to stabilize the value of the Lari and restore confidence in the national 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.

10/03/2011: Lari Depreciation

The Georgian Lari experienced a sharp depreciation, reaching a record low against the U.S. dollar, due to various economic factors and a global financial crisis.

13/08/2008: Russian Invasion

During the Russo-Georgian War, the Georgian Lari faced significant devaluation due to the economic and political instability caused by the invasion.

01/01/2002: Introduction of new banknotes

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

01/01/2002: Euro Conversion Rate

The conversion rate of 1 Euro = 1936.27 GEL was fixed, as Georgia adopted the Euro as its main reference currency.

27/04/1999: Introduction of New Lari

The New Lari was introduced as the second and current official currency of Georgia, replacing the old Lari at a rate of 1 New Lari = 1,000 old Lari.

15/09/1997: Second devaluation

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

25/07/1995: Introduction of the Lari

The Georgian Lari was introduced as the official currency of Georgia, replacing the Russian ruble at a rate of 1 Lari = 1 million rubles.

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.