Historic Djiboutian franc South African rand

Djiboutian franc south african rand history for January 2024. The highest quote for this month is 0.10807 (23/01/2024) and the lowest 0.10936 (22/01/2024). The difference between high and low is -1.19.

DJF ZAR average rate for January 2024 is 0.10588, the change between 01/01/2024 and 31/01/2024 is -0.83 %.

01 January 20241 DJF = 0.1048 ZAR
02 January 20241 DJF = 0.1030 ZAR
03 January 20241 DJF = 0.1044 ZAR
04 January 20241 DJF = 0.1051 ZAR
05 January 20241 DJF = 0.1052 ZAR
06 January 20241 DJF = 0.1048 ZAR
07 January 20241 DJF = 0.1051 ZAR
08 January 20241 DJF = 0.1077 ZAR
09 January 20241 DJF = 0.1045 ZAR
10 January 20241 DJF = 0.1049 ZAR
11 January 20241 DJF = 0.1048 ZAR
12 January 20241 DJF = 0.1049 ZAR
14 January 20241 DJF = 0.1046 ZAR
15 January 20241 DJF = 0.1071 ZAR
16 January 20241 DJF = 0.1049 ZAR
17 January 20241 DJF = 0.1089 ZAR
18 January 20241 DJF = 0.1074 ZAR
19 January 20241 DJF = 0.1065 ZAR
22 January 20241 DJF = 0.1094 ZAR
23 January 20241 DJF = 0.1080 ZAR
24 January 20241 DJF = 0.1064 ZAR
25 January 20241 DJF = 0.1062 ZAR
26 January 20241 DJF = 0.1062 ZAR
27 January 20241 DJF = 0.1054 ZAR
28 January 20241 DJF = 0.1054 ZAR
29 January 20241 DJF = 0.1078 ZAR
30 January 20241 DJF = 0.1057 ZAR
31 January 20241 DJF = 0.1057 ZAR

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.

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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

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

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

01/01/2002: Introduction of new banknotes

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

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

15/09/1997: Second devaluation

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

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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.