Djiboutian franc indian rupee exchange rate history (DJF INR) December 2023

Djiboutian franc indian rupee history for December 2023. The highest quote for this month is 0.46977 (10/12/2023) and the lowest 0.48377 (14/12/2023). The difference between high and low is -2.98.

DJF INR average rate for December 2023 is 0.47079, the change between 01/12/2023 and 31/12/2023 is -0.34 %.

01 December 2023	1 DJF = 0.4690 INR
02 December 2023	1 DJF = 0.4688 INR
03 December 2023	1 DJF = 0.4688 INR
04 December 2023	1 DJF = 0.4782 INR
05 December 2023	1 DJF = 0.4694 INR
06 December 2023	1 DJF = 0.4688 INR
07 December 2023	1 DJF = 0.4784 INR
08 December 2023	1 DJF = 0.4690 INR
10 December 2023	1 DJF = 0.4698 INR
11 December 2023	1 DJF = 0.4790 INR
12 December 2023	1 DJF = 0.4690 INR
13 December 2023	1 DJF = 0.4796 INR
14 December 2023	1 DJF = 0.4686 INR
15 December 2023	1 DJF = 0.4687 INR
16 December 2023	1 DJF = 0.4673 INR
17 December 2023	1 DJF = 0.4673 INR
18 December 2023	1 DJF = 0.4748 INR
19 December 2023	1 DJF = 0.4677 INR
20 December 2023	1 DJF = 0.4675 INR
21 December 2023	1 DJF = 0.4685 INR
22 December 2023	1 DJF = 0.4750 INR
23 December 2023	1 DJF = 0.4680 INR
24 December 2023	1 DJF = 0.4680 INR
25 December 2023	1 DJF = 0.4775 INR
26 December 2023	1 DJF = 0.4680 INR
27 December 2023	1 DJF = 0.4681 INR
28 December 2023	1 DJF = 0.4685 INR
29 December 2023	1 DJF = 0.4706 INR

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.

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

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

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

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

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.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.

Historic Djiboutian franc Indian Rupee