Historic Djiboutian franc Singapore dollar

Djiboutian franc singapore dollar history for August 2023. The highest quote for this month is 0.007818 (21/08/2023) and the lowest 0.007815 (24/08/2023). The difference between high and low is 0.04.

DJF SGD average rate for August 2023 is 0.00762, the change between 01/08/2023 and 31/08/2023 is -1.5 %.

01 August 20231 DJF = 0.0075 SGD
02 August 20231 DJF = 0.0075 SGD
03 August 20231 DJF = 0.0075 SGD
04 August 20231 DJF = 0.0075 SGD
07 August 20231 DJF = 0.0078 SGD
08 August 20231 DJF = 0.0075 SGD
09 August 20231 DJF = 0.0076 SGD
10 August 20231 DJF = 0.0076 SGD
11 August 20231 DJF = 0.0076 SGD
12 August 20231 DJF = 0.0076 SGD
14 August 20231 DJF = 0.0078 SGD
15 August 20231 DJF = 0.0076 SGD
16 August 20231 DJF = 0.0076 SGD
17 August 20231 DJF = 0.0077 SGD
18 August 20231 DJF = 0.0076 SGD
20 August 20231 DJF = 0.0076 SGD
21 August 20231 DJF = 0.0078 SGD
22 August 20231 DJF = 0.0076 SGD
23 August 20231 DJF = 0.0076 SGD
24 August 20231 DJF = 0.0076 SGD
25 August 20231 DJF = 0.0076 SGD
28 August 20231 DJF = 0.0078 SGD
29 August 20231 DJF = 0.0076 SGD
30 August 20231 DJF = 0.0076 SGD
31 August 20231 DJF = 0.0076 SGD

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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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

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

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

01/01/2002: Introduction of new banknotes

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

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

15/09/1997: Second devaluation

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

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.