Historic Djiboutian franc Indian Rupee

Djiboutian franc indian rupee history for February 2024. The highest quote for this month is 0.47738 (06/02/2024) and the lowest 0.47906 (02/02/2024). The difference between high and low is -0.35.

DJF INR average rate for February 2024 is 0.46962, the change between 01/02/2024 and 29/02/2024 is -2.22 %.

01 February 20241 DJF = 0.4673 INR
02 February 20241 DJF = 0.4666 INR
03 February 20241 DJF = 0.4658 INR
04 February 20241 DJF = 0.4661 INR
05 February 20241 DJF = 0.4729 INR
06 February 20241 DJF = 0.4774 INR
07 February 20241 DJF = 0.4775 INR
08 February 20241 DJF = 0.4671 INR
09 February 20241 DJF = 0.4669 INR
12 February 20241 DJF = 0.4779 INR
13 February 20241 DJF = 0.4670 INR
14 February 20241 DJF = 0.4675 INR
15 February 20241 DJF = 0.4673 INR
16 February 20241 DJF = 0.4671 INR
17 February 20241 DJF = 0.4666 INR
18 February 20241 DJF = 0.4666 INR
19 February 20241 DJF = 0.4774 INR
20 February 20241 DJF = 0.4671 INR
21 February 20241 DJF = 0.4661 INR
22 February 20241 DJF = 0.4667 INR
23 February 20241 DJF = 0.4763 INR
24 February 20241 DJF = 0.4657 INR
25 February 20241 DJF = 0.4654 INR
26 February 20241 DJF = 0.4770 INR
27 February 20241 DJF = 0.4662 INR
28 February 20241 DJF = 0.4667 INR
29 February 20241 DJF = 0.4777 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.
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