Historic Malaysian ringgit Djiboutian franc

Malaysian ringgit djiboutian franc history for November 2023. The highest quote for this month is 38.137 (21/11/2023) and the lowest 37.954 (18/11/2023). The difference between high and low is 0.48.

MYR DJF average rate for November 2023 is 37.71969, the change between 01/11/2023 and 30/11/2023 is -1.92 %.

01 November 20231 MYR = 37.34 DJF
02 November 20231 MYR = 37.27 DJF
03 November 20231 MYR = 36.54 DJF
06 November 20231 MYR = 36.48 DJF
07 November 20231 MYR = 38.36 DJF
08 November 20231 MYR = 38.36 DJF
09 November 20231 MYR = 37.96 DJF
10 November 20231 MYR = 37.89 DJF
12 November 20231 MYR = 37.73 DJF
13 November 20231 MYR = 36.93 DJF
14 November 20231 MYR = 37.77 DJF
15 November 20231 MYR = 37.67 DJF
16 November 20231 MYR = 38.06 DJF
17 November 20231 MYR = 38.06 DJF
18 November 20231 MYR = 37.95 DJF
19 November 20231 MYR = 37.95 DJF
20 November 20231 MYR = 37.06 DJF
21 November 20231 MYR = 38.12 DJF
22 November 20231 MYR = 38.22 DJF
23 November 20231 MYR = 38.01 DJF
24 November 20231 MYR = 38.00 DJF
26 November 20231 MYR = 37.91 DJF
27 November 20231 MYR = 37.02 DJF
28 November 20231 MYR = 37.96 DJF
29 November 20231 MYR = 38.05 DJF
30 November 20231 MYR = 38.05 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.

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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

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

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

08/05/1977: First devaluation

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

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

27/06/1973: Independence from France

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

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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.