Historic Djiboutian franc Icelandic Krona

Djiboutian franc icelandic krona history for January 2024. The highest quote for this month is 0.77673 (05/01/2024) and the lowest 0.7904 (08/01/2024). The difference between high and low is -1.76.

DJF ISK average rate for January 2024 is 0.77316, the change between 01/01/2024 and 31/01/2024 is +1.36 %.

01 January 20241 DJF = 0.7785 ISK
02 January 20241 DJF = 0.7636 ISK
03 January 20241 DJF = 0.7732 ISK
04 January 20241 DJF = 0.7744 ISK
05 January 20241 DJF = 0.7719 ISK
08 January 20241 DJF = 0.7927 ISK
09 January 20241 DJF = 0.7727 ISK
10 January 20241 DJF = 0.7719 ISK
11 January 20241 DJF = 0.7668 ISK
12 January 20241 DJF = 0.7674 ISK
15 January 20241 DJF = 0.7854 ISK
16 January 20241 DJF = 0.7655 ISK
17 January 20241 DJF = 0.7863 ISK
18 January 20241 DJF = 0.7712 ISK
19 January 20241 DJF = 0.7716 ISK
22 January 20241 DJF = 0.7846 ISK
23 January 20241 DJF = 0.7665 ISK
24 January 20241 DJF = 0.7668 ISK
25 January 20241 DJF = 0.7632 ISK
26 January 20241 DJF = 0.7667 ISK
29 January 20241 DJF = 0.7843 ISK
30 January 20241 DJF = 0.7696 ISK
31 January 20241 DJF = 0.7679 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.