Historic Kuwaiti Dinar Djiboutian franc

Kuwaiti Dinar djiboutian franc history for January 2024. The highest quote for this month is 581.19 (06/01/2024) and the lowest 579.19 (14/01/2024). The difference between high and low is 0.34.

KWD DJF average rate for January 2024 is 576.02778, the change between 01/01/2024 and 31/01/2024 is -1.82 %.

01 January 20241 KWD = 568.2 DJF
02 January 20241 KWD = 579.3 DJF
03 January 20241 KWD = 578.9 DJF
04 January 20241 KWD = 578.9 DJF
05 January 20241 KWD = 578.8 DJF
06 January 20241 KWD = 579.6 DJF
07 January 20241 KWD = 577.7 DJF
08 January 20241 KWD = 564.9 DJF
09 January 20241 KWD = 579.1 DJF
10 January 20241 KWD = 578.9 DJF
11 January 20241 KWD = 578.9 DJF
12 January 20241 KWD = 579.3 DJF
14 January 20241 KWD = 579.2 DJF
15 January 20241 KWD = 566.1 DJF
16 January 20241 KWD = 579.2 DJF
17 January 20241 KWD = 566.9 DJF
18 January 20241 KWD = 578.1 DJF
19 January 20241 KWD = 578.3 DJF
22 January 20241 KWD = 565.5 DJF
23 January 20241 KWD = 578.5 DJF
24 January 20241 KWD = 578.5 DJF
25 January 20241 KWD = 578.6 DJF
26 January 20241 KWD = 578.6 DJF
28 January 20241 KWD = 579.1 DJF
29 January 20241 KWD = 566.8 DJF
30 January 20241 KWD = 578.6 DJF
31 January 20241 KWD = 578.6 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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.

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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

08/05/1977: First devaluation

The Djiboutian franc was devalued by 50% due to economic difficulties faced by the newly independent country.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

27/06/1973: Independence from France

Djibouti gained independence from France and the Djiboutian franc became the national currency.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.

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.