Historic Djiboutian franc Namibian dollar

Djiboutian franc namibian dollar history for February 2024. The highest quote for this month is 0.11203 (13/02/2024) and the lowest 0.11117 (27/02/2024). The difference between high and low is 0.77.

DJF NAD average rate for February 2024 is 0.10751, the change between 01/02/2024 and 29/02/2024 is -6.58 %.

01 February 20241 DJF = 0.1045 NAD
02 February 20241 DJF = 0.1046 NAD
03 February 20241 DJF = 0.1061 NAD
04 February 20241 DJF = 0.1062 NAD
05 February 20241 DJF = 0.1059 NAD
06 February 20241 DJF = 0.1096 NAD
07 February 20241 DJF = 0.1082 NAD
08 February 20241 DJF = 0.1064 NAD
09 February 20241 DJF = 0.1067 NAD
12 February 20241 DJF = 0.1095 NAD
13 February 20241 DJF = 0.1070 NAD
14 February 20241 DJF = 0.1077 NAD
15 February 20241 DJF = 0.1072 NAD
16 February 20241 DJF = 0.1067 NAD
17 February 20241 DJF = 0.1059 NAD
18 February 20241 DJF = 0.1061 NAD
19 February 20241 DJF = 0.1090 NAD
20 February 20241 DJF = 0.1062 NAD
21 February 20241 DJF = 0.1064 NAD
22 February 20241 DJF = 0.1064 NAD
23 February 20241 DJF = 0.1102 NAD
24 February 20241 DJF = 0.1085 NAD
25 February 20241 DJF = 0.1085 NAD
26 February 20241 DJF = 0.1104 NAD
27 February 20241 DJF = 0.1088 NAD
28 February 20241 DJF = 0.1088 NAD
29 February 20241 DJF = 0.1114 NAD

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

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

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

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/01/2002: Introduction of new banknotes

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

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

15/09/1997: Second devaluation

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

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.