Historic Djiboutian franc Jamaican Dollar

Djiboutian franc jamaican dollar history for September 2023. The highest quote for this month is 0.882 (29/09/2023) and the lowest 0.8809 (21/09/2023). The difference between high and low is 0.12.

DJF JMD average rate for September 2023 is 0.8657, the change between 01/09/2023 and 30/09/2023 is -0.76 %.

01 September 20231 DJF = 0.8611 JMD
04 September 20231 DJF = 0.8776 JMD
05 September 20231 DJF = 0.8596 JMD
06 September 20231 DJF = 0.8770 JMD
07 September 20231 DJF = 0.8601 JMD
08 September 20231 DJF = 0.8606 JMD
11 September 20231 DJF = 0.8789 JMD
12 September 20231 DJF = 0.8782 JMD
13 September 20231 DJF = 0.8592 JMD
14 September 20231 DJF = 0.8599 JMD
15 September 20231 DJF = 0.8599 JMD
18 September 20231 DJF = 0.8802 JMD
19 September 20231 DJF = 0.8606 JMD
20 September 20231 DJF = 0.8597 JMD
21 September 20231 DJF = 0.8615 JMD
22 September 20231 DJF = 0.8621 JMD
23 September 20231 DJF = 0.8666 JMD
24 September 20231 DJF = 0.8639 JMD
25 September 20231 DJF = 0.8811 JMD
26 September 20231 DJF = 0.8589 JMD
27 September 20231 DJF = 0.8599 JMD
28 September 20231 DJF = 0.8613 JMD
29 September 20231 DJF = 0.8611 JMD
30 September 20231 DJF = 0.8677 JMD

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.

16/03/2015: Bank of Jamaica Act

The Bank of Jamaica Act was passed, granting the central bank greater autonomy in executing monetary policy and promoting financial stability.

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

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

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

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.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

25/03/1991: JMD devaluation

Due to economic pressures, the Jamaican Dollar was devalued by 33.3%, leading to an increase in the exchange rate.

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.

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.

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.