Historic Icelandic Krona Djiboutian franc

Icelandic Krona djiboutian franc history for August 2023. The highest quote for this month is 1.3444 (18/08/2023) and the lowest 1.3346 (10/08/2023). The difference between high and low is 0.73.

ISK DJF average rate for August 2023 is 1.34636, the change between 01/08/2023 and 31/08/2023 is -0.63 %.

01 August 20231 ISK = 1.358 DJF
02 August 20231 ISK = 1.359 DJF
03 August 20231 ISK = 1.347 DJF
04 August 20231 ISK = 1.348 DJF
07 August 20231 ISK = 1.313 DJF
08 August 20231 ISK = 1.351 DJF
09 August 20231 ISK = 1.351 DJF
10 August 20231 ISK = 1.355 DJF
11 August 20231 ISK = 1.354 DJF
14 August 20231 ISK = 1.324 DJF
15 August 20231 ISK = 1.348 DJF
16 August 20231 ISK = 1.350 DJF
17 August 20231 ISK = 1.344 DJF
18 August 20231 ISK = 1.348 DJF
21 August 20231 ISK = 1.316 DJF
22 August 20231 ISK = 1.351 DJF
23 August 20231 ISK = 1.346 DJF
24 August 20231 ISK = 1.353 DJF
25 August 20231 ISK = 1.344 DJF
28 August 20231 ISK = 1.323 DJF
29 August 20231 ISK = 1.355 DJF
30 August 20231 ISK = 1.363 DJF
31 August 20231 ISK = 1.366 DJF

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.

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

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

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

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

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.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.