Historic Moroccan dirham Djiboutian franc

Moroccan dirham djiboutian franc history for January 2024. The highest quote for this month is 18.474 (04/01/2024) and the lowest 18.194 (04/01/2024). The difference between high and low is 1.52.

MAD DJF average rate for January 2024 is 17.96386, the change between 01/01/2024 and 31/01/2024 is +2.06 %.

01 January 20241 MAD = 18.14 DJF
02 January 20241 MAD = 18.48 DJF
03 January 20241 MAD = 17.90 DJF
04 January 20241 MAD = 17.90 DJF
05 January 20241 MAD = 17.96 DJF
06 January 20241 MAD = 17.92 DJF
07 January 20241 MAD = 17.92 DJF
08 January 20241 MAD = 18.05 DJF
09 January 20241 MAD = 17.90 DJF
10 January 20241 MAD = 18.43 DJF
11 January 20241 MAD = 17.87 DJF
12 January 20241 MAD = 17.87 DJF
14 January 20241 MAD = 17.89 DJF
15 January 20241 MAD = 18.03 DJF
16 January 20241 MAD = 18.45 DJF
17 January 20241 MAD = 17.99 DJF
18 January 20241 MAD = 17.79 DJF
19 January 20241 MAD = 17.79 DJF
22 January 20241 MAD = 18.05 DJF
23 January 20241 MAD = 17.88 DJF
24 January 20241 MAD = 17.81 DJF
25 January 20241 MAD = 17.85 DJF
26 January 20241 MAD = 17.81 DJF
27 January 20241 MAD = 17.90 DJF
28 January 20241 MAD = 17.86 DJF
29 January 20241 MAD = 18.03 DJF
30 January 20241 MAD = 17.74 DJF
31 January 20241 MAD = 17.77 DJF

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced 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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/01/2002: Introduction of new banknotes

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

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was 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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

08/05/1977: First devaluation

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

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

27/06/1973: Independence from France

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

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.
MAD DJF January 2024
MAD DJF February 2024
MAD DJF March 2024
MAD DJF April 2024
MAD DJF May 2024
MAD DJF June 2024
MAD DJF July 2024
MAD DJF August 2024
MAD DJF September 2024
MAD DJF October 2024
MAD DJF November 2024
MAD DJF December 2024
MAD DJF January 2025