Historic Maldivian rufiyaa Djiboutian franc

Maldivian rufiyaa djiboutian franc history for February 2024. The highest quote for this month is 11.731 (12/02/2024) and the lowest 11.545 (04/02/2024). The difference between high and low is 1.59.

MVR DJF average rate for February 2024 is 11.57804, the change between 01/02/2024 and 29/02/2024 is +2.02 %.

01 February 20241 MVR = 11.65 DJF
02 February 20241 MVR = 11.65 DJF
03 February 20241 MVR = 11.55 DJF
04 February 20241 MVR = 11.55 DJF
05 February 20241 MVR = 11.51 DJF
06 February 20241 MVR = 11.41 DJF
07 February 20241 MVR = 11.42 DJF
08 February 20241 MVR = 11.65 DJF
09 February 20241 MVR = 11.69 DJF
12 February 20241 MVR = 11.47 DJF
13 February 20241 MVR = 11.73 DJF
14 February 20241 MVR = 11.73 DJF
15 February 20241 MVR = 11.69 DJF
16 February 20241 MVR = 11.65 DJF
17 February 20241 MVR = 11.54 DJF
18 February 20241 MVR = 11.54 DJF
19 February 20241 MVR = 11.40 DJF
20 February 20241 MVR = 11.65 DJF
21 February 20241 MVR = 11.69 DJF
22 February 20241 MVR = 11.69 DJF
23 February 20241 MVR = 11.45 DJF
24 February 20241 MVR = 11.54 DJF
25 February 20241 MVR = 11.54 DJF
26 February 20241 MVR = 11.43 DJF
27 February 20241 MVR = 11.68 DJF
28 February 20241 MVR = 11.68 DJF
29 February 20241 MVR = 11.41 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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

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

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

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.