Historic Djiboutian franc South Korean Won

Djiboutian franc south korean won history for January 2024. The highest quote for this month is 7.5964 (17/01/2024) and the lowest 7.6885 (18/01/2024). The difference between high and low is -1.21.

DJF KRW average rate for January 2024 is 7.47273, the change between 01/01/2024 and 31/01/2024 is -0.6 %.

01 January 20241 DJF = 7.42 KRW
02 January 20241 DJF = 7.28 KRW
03 January 20241 DJF = 7.36 KRW
04 January 20241 DJF = 7.37 KRW
05 January 20241 DJF = 7.38 KRW
06 January 20241 DJF = 7.38 KRW
07 January 20241 DJF = 7.40 KRW
08 January 20241 DJF = 7.57 KRW
09 January 20241 DJF = 7.38 KRW
10 January 20241 DJF = 7.43 KRW
11 January 20241 DJF = 7.41 KRW
12 January 20241 DJF = 7.38 KRW
14 January 20241 DJF = 7.38 KRW
15 January 20241 DJF = 7.56 KRW
16 January 20241 DJF = 7.43 KRW
17 January 20241 DJF = 7.68 KRW
18 January 20241 DJF = 7.56 KRW
19 January 20241 DJF = 7.53 KRW
22 January 20241 DJF = 7.67 KRW
23 January 20241 DJF = 7.53 KRW
24 January 20241 DJF = 7.52 KRW
25 January 20241 DJF = 7.48 KRW
26 January 20241 DJF = 7.52 KRW
28 January 20241 DJF = 7.50 KRW
29 January 20241 DJF = 7.68 KRW
30 January 20241 DJF = 7.50 KRW
31 January 20241 DJF = 7.46 KRW

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.

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

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

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/2002: Introduction of new banknotes

New banknotes of the Djiboutian franc were introduced with enhanced security features.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

15/09/1997: Second devaluation

The Djiboutian franc was devalued by 33% as a result of economic instability and high inflation.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

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.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
DJF KRW January 2024
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