Historic Djiboutian franc Nicaraguan córdoba

Djiboutian franc nicaraguan córdoba history for March 2024. The highest quote for this month is 0.20994 (11/03/2024) and the lowest 0.20898 (01/03/2024). The difference between high and low is 0.46.

DJF NIO average rate for March 2024 is 0.20643, the change between 01/03/2024 and 31/03/2024 is -0.11 %.

01 March 20241 DJF = 0.2054 NIO
03 March 20241 DJF = 0.2060 NIO
04 March 20241 DJF = 0.2090 NIO
05 March 20241 DJF = 0.2046 NIO
06 March 20241 DJF = 0.2045 NIO
07 March 20241 DJF = 0.2056 NIO
08 March 20241 DJF = 0.2090 NIO
10 March 20241 DJF = 0.2058 NIO
11 March 20241 DJF = 0.2089 NIO
12 March 20241 DJF = 0.2056 NIO

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.

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

01/01/2002: Introduction of new banknotes

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

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national currency.

15/09/1997: Second devaluation

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

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

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.

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per US dollar.