Historic Djiboutian franc Litecoin

05/08/2021: Litecoin Foundation Partners with Atari

The Litecoin Foundation partners with Atari, a prominent gaming company, to integrate Litecoin into Atari's gaming ecosystem, enabling players to use LTC for in-game purchases and transactions.

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.

26/02/2020: Litecoin Implements Mimblewimble Extension Blocks

Litecoin developers announce plans to introduce Mimblewimble Extension Blocks, a privacy-focused protocol extension, to enhance fungibility and transaction anonymity.

05/08/2019: Litecoin Halving

The block reward for Litecoin is halved from 25 LTC to 12.5 LTC, reducing new supply issuance and potentially impacting the cryptocurrency's price and mining economics.

12/12/2017: Litecoin Futures Launch on CME

The Chicago Mercantile Exchange (CME) launches futures contracts for Litecoin, offering institutional investors an avenue to trade and speculate on the cryptocurrency.

10/05/2017: Segregated Witness Activation

Litecoin activates Segregated Witness (SegWit), a protocol upgrade aimed at improving scalability and enabling second-layer solutions like the Lightning Network.

29/11/2013: Litecoin's First Major Price Rally

Litecoin experiences its first major price rally, reaching a peak of over $39 per LTC, driven by increased adoption and market speculation.

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

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

07/10/2011: Creation of Litecoin

Litecoin is created by Charlie Lee as a peer-to-peer cryptocurrency, based on the Bitcoin protocol, with faster block generation time and a different hashing algorithm.

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.

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.