Djiboutian franc saudi riyal exchange rate history (DJF SAR) August 2023

Djiboutian franc saudi riyal history for August 2023. The highest quote for this month is 0.021578 (21/08/2023) and the lowest 0.021671 (30/08/2023). The difference between high and low is -0.43.

DJF SAR average rate for August 2023 is 0.02116, the change between 01/08/2023 and 31/08/2023 is +0.01 %.

01 August 2023	1 DJF = 0.0211 SAR
02 August 2023	1 DJF = 0.0211 SAR
03 August 2023	1 DJF = 0.0211 SAR
04 August 2023	1 DJF = 0.0211 SAR
07 August 2023	1 DJF = 0.0217 SAR
08 August 2023	1 DJF = 0.0211 SAR
09 August 2023	1 DJF = 0.0211 SAR
10 August 2023	1 DJF = 0.0211 SAR
11 August 2023	1 DJF = 0.0211 SAR
12 August 2023	1 DJF = 0.0211 SAR
14 August 2023	1 DJF = 0.0215 SAR
15 August 2023	1 DJF = 0.0211 SAR
16 August 2023	1 DJF = 0.0210 SAR
17 August 2023	1 DJF = 0.0211 SAR
18 August 2023	1 DJF = 0.0211 SAR
19 August 2023	1 DJF = 0.0211 SAR
20 August 2023	1 DJF = 0.0211 SAR
21 August 2023	1 DJF = 0.0216 SAR
22 August 2023	1 DJF = 0.0211 SAR
23 August 2023	1 DJF = 0.0211 SAR
24 August 2023	1 DJF = 0.0211 SAR
25 August 2023	1 DJF = 0.0211 SAR
28 August 2023	1 DJF = 0.0215 SAR
29 August 2023	1 DJF = 0.0211 SAR
30 August 2023	1 DJF = 0.0211 SAR
31 August 2023	1 DJF = 0.0211 SAR

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.

20/05/2018: SAMA grants licenses for full-fledged digital banks

SAMA issued licenses to two banks for providing digital banking services, reflecting a shift towards digitalization in the financial sector.

21/12/2016: Saudi Arabia introduces the SAR 200 note

A new 200 riyal banknote was introduced, featuring a portrait of King Abdullah bin Abdulaziz Al Saud.

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

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

20/12/2003: Launch of Riyal Interbank Express (SARIE)

SAMA launched SARIE, a real-time gross settlement system, improving interbank transactions and money transfers.

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.

27/05/1997: Introduction of Saudi Arabian Monetary Agency new design series

SAMA introduced a new series of banknotes with enhanced security features to combat counterfeiting.

30/06/1986: Saudi riyal pegged to the US dollar at 3.75 SAR per USD

Saudi Arabia pegged its currency to the USD, ensuring stability and ease of trade with international partners.

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.

01/03/1952: Introduction of Saudi Arabian Monetary Agency (SAMA)

SAMA was established as the central bank of Saudi Arabia, responsible for issuing and managing the Saudi riyal.

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.

23/09/1932: Establishment of the Kingdom of Saudi Arabia

The Saudi riyal currency was introduced following the unification of the Kingdom under King Abdulaziz Al Saud.

Historic Djiboutian franc Saudi riyal