South Korean Won djiboutian franc exchange rate history (KRW DJF) September 2023

South Korean Won djiboutian franc history for September 2023. The highest quote for this month is 0.13301 (24/09/2023) and the lowest 0.13303 (23/09/2023). The difference between high and low is -0.02.

KRW DJF average rate for September 2023 is 0.13251, the change between 01/09/2023 and 30/09/2023 is +2.13 %.

01 September 2023	1 KRW = 0.1342 DJF
04 September 2023	1 KRW = 0.1326 DJF
05 September 2023	1 KRW = 0.1349 DJF
06 September 2023	1 KRW = 0.1308 DJF
07 September 2023	1 KRW = 0.1333 DJF
08 September 2023	1 KRW = 0.1332 DJF
11 September 2023	1 KRW = 0.1300 DJF
12 September 2023	1 KRW = 0.1315 DJF
13 September 2023	1 KRW = 0.1342 DJF
14 September 2023	1 KRW = 0.1337 DJF
15 September 2023	1 KRW = 0.1339 DJF
18 September 2023	1 KRW = 0.1306 DJF
19 September 2023	1 KRW = 0.1337 DJF
20 September 2023	1 KRW = 0.1338 DJF
21 September 2023	1 KRW = 0.1334 DJF
22 September 2023	1 KRW = 0.1325 DJF
23 September 2023	1 KRW = 0.1327 DJF
24 September 2023	1 KRW = 0.1330 DJF
25 September 2023	1 KRW = 0.1298 DJF
26 September 2023	1 KRW = 0.1328 DJF
27 September 2023	1 KRW = 0.1313 DJF
28 September 2023	1 KRW = 0.1314 DJF
29 September 2023	1 KRW = 0.1319 DJF
30 September 2023	1 KRW = 0.1313 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.

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

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

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/2002: Introduction of new banknotes

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

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

15/09/1997: Second devaluation

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

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

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.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

Historic South Korean Won Djiboutian franc