Historic Djiboutian franc Hong Kong dollar

Djiboutian franc hong kong dollar history for February 2024. The highest quote for this month is 0.044961 (06/02/2024) and the lowest 0.045221 (02/02/2024). The difference between high and low is -0.58.

DJF HKD average rate for February 2024 is 0.04427, the change between 01/02/2024 and 29/02/2024 is -2.53 %.

01 February 20241 DJF = 0.0440 HKD
02 February 20241 DJF = 0.0440 HKD
03 February 20241 DJF = 0.0439 HKD
04 February 20241 DJF = 0.0439 HKD
05 February 20241 DJF = 0.0446 HKD
06 February 20241 DJF = 0.0449 HKD
07 February 20241 DJF = 0.0450 HKD
08 February 20241 DJF = 0.0440 HKD
09 February 20241 DJF = 0.0440 HKD
12 February 20241 DJF = 0.0450 HKD
13 February 20241 DJF = 0.0440 HKD
14 February 20241 DJF = 0.0440 HKD
15 February 20241 DJF = 0.0440 HKD
16 February 20241 DJF = 0.0440 HKD
17 February 20241 DJF = 0.0440 HKD
18 February 20241 DJF = 0.0440 HKD
19 February 20241 DJF = 0.0450 HKD
20 February 20241 DJF = 0.0440 HKD
21 February 20241 DJF = 0.0440 HKD
22 February 20241 DJF = 0.0440 HKD
23 February 20241 DJF = 0.0450 HKD
24 February 20241 DJF = 0.0440 HKD
25 February 20241 DJF = 0.0440 HKD
26 February 20241 DJF = 0.0450 HKD
27 February 20241 DJF = 0.0440 HKD
28 February 20241 DJF = 0.0440 HKD
29 February 20241 DJF = 0.0451 HKD

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

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.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

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.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.