Historic Gibraltar pound Djiboutian franc

Gibraltar pound djiboutian franc history for January 2024. The highest quote for this month is 226.74 (12/01/2024) and the lowest 222.24 (12/01/2024). The difference between high and low is 1.98.

GIP DJF average rate for January 2024 is 224.56435, the change between 01/01/2024 and 31/01/2024 is -1.87 %.

01 January 20241 GIP = 222.0 DJF
02 January 20241 GIP = 224.5 DJF
03 January 20241 GIP = 224.7 DJF
04 January 20241 GIP = 225.8 DJF
05 January 20241 GIP = 226.1 DJF
08 January 20241 GIP = 220.7 DJF
09 January 20241 GIP = 226.2 DJF
10 January 20241 GIP = 226.2 DJF
11 January 20241 GIP = 226.5 DJF
12 January 20241 GIP = 226.7 DJF
15 January 20241 GIP = 221.0 DJF
16 January 20241 GIP = 224.9 DJF
17 January 20241 GIP = 220.4 DJF
18 January 20241 GIP = 225.1 DJF
19 January 20241 GIP = 225.8 DJF
22 January 20241 GIP = 221.1 DJF
23 January 20241 GIP = 225.5 DJF
24 January 20241 GIP = 226.7 DJF
25 January 20241 GIP = 226.1 DJF
26 January 20241 GIP = 226.4 DJF
29 January 20241 GIP = 220.9 DJF
30 January 20241 GIP = 225.5 DJF
31 January 20241 GIP = 226.2 DJF

01/10/2022: Transition to digital currency

Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.

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.

15/08/2019: Commencement of polymer £50 issuance

Polymer £50 banknotes were introduced, replacing the older paper £50 notes.

26/06/2018: New £100 banknote issued

A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.

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

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

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.

06/11/1988: Introduction of polymer banknotes

Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.

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.

15/02/1971: Currency tied to British pound

The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.

23/06/1969: Currency switch to decimalization

Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 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.

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.