Historic Djiboutian franc Maldivian rufiyaa

Djiboutian franc maldivian rufiyaa history for February 2024. The highest quote for this month is 0.087648 (22/02/2024) and the lowest 0.088218 (02/02/2024). The difference between high and low is -0.65.

DJF MVR average rate for February 2024 is 0.08638, the change between 01/02/2024 and 29/02/2024 is -2.06 %.

01 February 20241 DJF = 0.0859 MVR
02 February 20241 DJF = 0.0858 MVR
03 February 20241 DJF = 0.0866 MVR
04 February 20241 DJF = 0.0866 MVR
05 February 20241 DJF = 0.0869 MVR
06 February 20241 DJF = 0.0876 MVR
07 February 20241 DJF = 0.0875 MVR
08 February 20241 DJF = 0.0858 MVR
09 February 20241 DJF = 0.0855 MVR
12 February 20241 DJF = 0.0872 MVR
13 February 20241 DJF = 0.0852 MVR
14 February 20241 DJF = 0.0852 MVR
15 February 20241 DJF = 0.0855 MVR
16 February 20241 DJF = 0.0858 MVR
17 February 20241 DJF = 0.0867 MVR
18 February 20241 DJF = 0.0867 MVR
19 February 20241 DJF = 0.0877 MVR
20 February 20241 DJF = 0.0858 MVR
21 February 20241 DJF = 0.0855 MVR
22 February 20241 DJF = 0.0855 MVR
23 February 20241 DJF = 0.0874 MVR
24 February 20241 DJF = 0.0867 MVR
25 February 20241 DJF = 0.0866 MVR
26 February 20241 DJF = 0.0875 MVR
27 February 20241 DJF = 0.0856 MVR
28 February 20241 DJF = 0.0856 MVR
29 February 20241 DJF = 0.0876 MVR

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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

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

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

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

01/01/2002: Introduction of new banknotes

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

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

15/09/1997: Second devaluation

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

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.