Historic Djiboutian franc Mexican peso

Djiboutian franc mexican peso history for February 2024. The highest quote for this month is 0.09858 (22/02/2024) and the lowest 0.09849 (02/02/2024). The difference between high and low is 0.09.

DJF MXN average rate for February 2024 is 0.09672, the change between 01/02/2024 and 29/02/2024 is -1.62 %.

01 February 20241 DJF = 0.0969 MXN
02 February 20241 DJF = 0.0960 MXN
03 February 20241 DJF = 0.0961 MXN
04 February 20241 DJF = 0.0962 MXN
05 February 20241 DJF = 0.0977 MXN
06 February 20241 DJF = 0.0983 MXN
07 February 20241 DJF = 0.0979 MXN
08 February 20241 DJF = 0.0959 MXN
09 February 20241 DJF = 0.0964 MXN
12 February 20241 DJF = 0.0983 MXN
13 February 20241 DJF = 0.0960 MXN
14 February 20241 DJF = 0.0968 MXN
15 February 20241 DJF = 0.0961 MXN
16 February 20241 DJF = 0.0959 MXN
17 February 20241 DJF = 0.0958 MXN
18 February 20241 DJF = 0.0958 MXN
19 February 20241 DJF = 0.0980 MXN
20 February 20241 DJF = 0.0959 MXN
21 February 20241 DJF = 0.0960 MXN
22 February 20241 DJF = 0.0958 MXN
23 February 20241 DJF = 0.0983 MXN
24 February 20241 DJF = 0.0962 MXN
25 February 20241 DJF = 0.0960 MXN
26 February 20241 DJF = 0.0985 MXN
27 February 20241 DJF = 0.0961 MXN
28 February 20241 DJF = 0.0960 MXN
29 February 20241 DJF = 0.0985 MXN

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.

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the currency.

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.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

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.

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.

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.