Historic Djiboutian franc Moroccan dirham

Djiboutian franc moroccan dirham history for January 2024. The highest quote for this month is 0.056381 (30/01/2024) and the lowest 0.056051 (06/01/2024). The difference between high and low is 0.59.

DJF MAD average rate for January 2024 is 0.05567, the change between 01/01/2024 and 31/01/2024 is -2.1 %.

01 January 20241 DJF = 0.0551 MAD
02 January 20241 DJF = 0.0541 MAD
03 January 20241 DJF = 0.0559 MAD
04 January 20241 DJF = 0.0559 MAD
05 January 20241 DJF = 0.0557 MAD
06 January 20241 DJF = 0.0558 MAD
07 January 20241 DJF = 0.0558 MAD
08 January 20241 DJF = 0.0554 MAD
09 January 20241 DJF = 0.0559 MAD
10 January 20241 DJF = 0.0543 MAD
11 January 20241 DJF = 0.0560 MAD
12 January 20241 DJF = 0.0560 MAD
14 January 20241 DJF = 0.0559 MAD
15 January 20241 DJF = 0.0555 MAD
16 January 20241 DJF = 0.0542 MAD
17 January 20241 DJF = 0.0556 MAD
18 January 20241 DJF = 0.0562 MAD
19 January 20241 DJF = 0.0562 MAD
22 January 20241 DJF = 0.0554 MAD
23 January 20241 DJF = 0.0559 MAD
24 January 20241 DJF = 0.0562 MAD
25 January 20241 DJF = 0.0560 MAD
26 January 20241 DJF = 0.0562 MAD
27 January 20241 DJF = 0.0559 MAD
28 January 20241 DJF = 0.0560 MAD
29 January 20241 DJF = 0.0555 MAD
30 January 20241 DJF = 0.0564 MAD
31 January 20241 DJF = 0.0563 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced 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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/01/2002: Introduction of new banknotes

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

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was 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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

08/05/1977: First devaluation

The Djiboutian franc was devalued by 50% due to economic difficulties faced by the newly independent country.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

27/06/1973: Independence from France

Djibouti gained independence from France and the Djiboutian franc became the national currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.
DJF MAD January 2024
DJF MAD February 2024
DJF MAD March 2024
DJF MAD April 2024
DJF MAD May 2024
DJF MAD June 2024
DJF MAD July 2024
DJF MAD August 2024
DJF MAD September 2024
DJF MAD October 2024
DJF MAD November 2024
DJF MAD December 2024
DJF MAD January 2025