Historic Kazakhstani tenge Djiboutian franc

Kazakhstani tenge djiboutian franc history for December 2023. The highest quote for this month is 0.39374 (28/12/2023) and the lowest 0.38898 (26/12/2023). The difference between high and low is 1.21.

KZT DJF average rate for December 2023 is 0.38674, the change between 01/12/2023 and 31/12/2023 is +0.88 %.

01 December 20231 KZT = 0.3891 DJF
02 December 20231 KZT = 0.3851 DJF
03 December 20231 KZT = 0.3851 DJF
04 December 20231 KZT = 0.3791 DJF
05 December 20231 KZT = 0.3867 DJF
06 December 20231 KZT = 0.3877 DJF
07 December 20231 KZT = 0.3795 DJF
08 December 20231 KZT = 0.3892 DJF
10 December 20231 KZT = 0.3875 DJF
11 December 20231 KZT = 0.3813 DJF
12 December 20231 KZT = 0.3893 DJF
13 December 20231 KZT = 0.3827 DJF
14 December 20231 KZT = 0.3898 DJF
15 December 20231 KZT = 0.3916 DJF
16 December 20231 KZT = 0.3874 DJF
17 December 20231 KZT = 0.3874 DJF
18 December 20231 KZT = 0.3813 DJF
19 December 20231 KZT = 0.3896 DJF
20 December 20231 KZT = 0.3909 DJF
21 December 20231 KZT = 0.3919 DJF
22 December 20231 KZT = 0.3825 DJF
23 December 20231 KZT = 0.3884 DJF
24 December 20231 KZT = 0.3884 DJF
25 December 20231 KZT = 0.3814 DJF
26 December 20231 KZT = 0.3892 DJF
27 December 20231 KZT = 0.3890 DJF
28 December 20231 KZT = 0.3920 DJF
29 December 20231 KZT = 0.3857 DJF

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

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

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

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

01/01/2002: Introduction of new banknotes

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

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

15/09/1997: Second devaluation

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

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.