Djiboutian franc mexican peso exchange rate history (DJF MXN) October 2023

Djiboutian franc mexican peso history for October 2023. The highest quote for this month is 0.10621 (20/10/2023) and the lowest 0.10499 (20/10/2023). The difference between high and low is 1.15.

DJF MXN average rate for October 2023 is 0.10221, the change between 01/10/2023 and 31/10/2023 is -3.56 %.

01 October 2023	1 DJF = 0.0981 MXN
02 October 2023	1 DJF = 0.0999 MXN
03 October 2023	1 DJF = 0.0994 MXN
04 October 2023	1 DJF = 0.1036 MXN
05 October 2023	1 DJF = 0.1012 MXN
06 October 2023	1 DJF = 0.1055 MXN
07 October 2023	1 DJF = 0.1023 MXN
09 October 2023	1 DJF = 0.1054 MXN
10 October 2023	1 DJF = 0.1025 MXN
11 October 2023	1 DJF = 0.1009 MXN
12 October 2023	1 DJF = 0.1004 MXN
13 October 2023	1 DJF = 0.1011 MXN
16 October 2023	1 DJF = 0.1038 MXN
17 October 2023	1 DJF = 0.1008 MXN
18 October 2023	1 DJF = 0.1013 MXN
19 October 2023	1 DJF = 0.1026 MXN
20 October 2023	1 DJF = 0.1030 MXN
21 October 2023	1 DJF = 0.1026 MXN
22 October 2023	1 DJF = 0.1027 MXN
23 October 2023	1 DJF = 0.1049 MXN
24 October 2023	1 DJF = 0.1020 MXN
25 October 2023	1 DJF = 0.1027 MXN
26 October 2023	1 DJF = 0.1031 MXN
27 October 2023	1 DJF = 0.1021 MXN
28 October 2023	1 DJF = 0.1023 MXN
29 October 2023	1 DJF = 0.1020 MXN
30 October 2023	1 DJF = 0.1044 MXN
31 October 2023	1 DJF = 0.1016 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.

Historic Djiboutian franc Mexican peso