Historic Djiboutian franc Icelandic Krona

Djiboutian franc icelandic krona history for August 2023. The highest quote for this month is 0.76038 (22/08/2023) and the lowest 0.75941 (07/08/2023). The difference between high and low is 0.13.

DJF ISK average rate for August 2023 is 0.74282, the change between 01/08/2023 and 31/08/2023 is +0.63 %.

01 August 20231 DJF = 0.7366 ISK
02 August 20231 DJF = 0.7359 ISK
03 August 20231 DJF = 0.7423 ISK
04 August 20231 DJF = 0.7418 ISK
07 August 20231 DJF = 0.7614 ISK
08 August 20231 DJF = 0.7403 ISK
09 August 20231 DJF = 0.7403 ISK
10 August 20231 DJF = 0.7380 ISK
11 August 20231 DJF = 0.7387 ISK
14 August 20231 DJF = 0.7555 ISK
15 August 20231 DJF = 0.7417 ISK
16 August 20231 DJF = 0.7405 ISK
17 August 20231 DJF = 0.7440 ISK
18 August 20231 DJF = 0.7418 ISK
21 August 20231 DJF = 0.7600 ISK
22 August 20231 DJF = 0.7403 ISK
23 August 20231 DJF = 0.7427 ISK
24 August 20231 DJF = 0.7394 ISK
25 August 20231 DJF = 0.7440 ISK
28 August 20231 DJF = 0.7558 ISK
29 August 20231 DJF = 0.7380 ISK
30 August 20231 DJF = 0.7340 ISK
31 August 20231 DJF = 0.7320 ISK

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.

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

01/09/2013: Replacement of coins with bi-metallic coins

Coins of lower denominations of the Djiboutian franc were replaced with bi-metallic coins.

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

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.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.