Historic Namibian dollar Djiboutian franc

Namibian dollar djiboutian franc history for November 2023. The highest quote for this month is 9.759 (15/11/2023) and the lowest 9.677 (18/11/2023). The difference between high and low is 0.84.

NAD DJF average rate for November 2023 is 9.47939, the change between 01/11/2023 and 30/11/2023 is -1.38 %.

01 November 20231 NAD = 9.43 DJF
02 November 20231 NAD = 9.44 DJF
03 November 20231 NAD = 9.64 DJF
06 November 20231 NAD = 9.31 DJF
07 November 20231 NAD = 9.72 DJF
08 November 20231 NAD = 9.06 DJF
09 November 20231 NAD = 9.00 DJF
10 November 20231 NAD = 9.52 DJF
12 November 20231 NAD = 9.49 DJF
13 November 20231 NAD = 9.28 DJF
14 November 20231 NAD = 8.88 DJF
15 November 20231 NAD = 9.76 DJF
16 November 20231 NAD = 9.76 DJF
17 November 20231 NAD = 9.77 DJF
18 November 20231 NAD = 9.68 DJF
19 November 20231 NAD = 9.67 DJF
20 November 20231 NAD = 9.43 DJF
21 November 20231 NAD = 9.68 DJF
22 November 20231 NAD = 9.68 DJF
23 November 20231 NAD = 9.68 DJF
24 November 20231 NAD = 9.55 DJF
26 November 20231 NAD = 9.44 DJF
27 November 20231 NAD = 9.21 DJF
28 November 20231 NAD = 9.43 DJF
29 November 20231 NAD = 9.43 DJF
30 November 20231 NAD = 9.56 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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

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

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

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/01/2002: Introduction of new banknotes

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

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

15/09/1997: Second devaluation

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

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.