Historic Nicaraguan córdoba Djiboutian franc

Nicaraguan córdoba djiboutian franc history for August 2023. The highest quote for this month is 4.9148 (18/08/2023) and the lowest 4.8169 (14/08/2023). The difference between high and low is 1.99.

NIO DJF average rate for August 2023 is 4.89946, the change between 01/08/2023 and 31/08/2023 is +0.03 %.

01 August 20231 NIO = 4.916 DJF
02 August 20231 NIO = 4.919 DJF
03 August 20231 NIO = 4.912 DJF
04 August 20231 NIO = 4.916 DJF
07 August 20231 NIO = 4.815 DJF
08 August 20231 NIO = 4.923 DJF
09 August 20231 NIO = 4.921 DJF
10 August 20231 NIO = 4.918 DJF
11 August 20231 NIO = 4.918 DJF
14 August 20231 NIO = 4.814 DJF
15 August 20231 NIO = 4.916 DJF
16 August 20231 NIO = 4.924 DJF
17 August 20231 NIO = 4.916 DJF
18 August 20231 NIO = 4.915 DJF
21 August 20231 NIO = 4.815 DJF
22 August 20231 NIO = 4.914 DJF
23 August 20231 NIO = 4.916 DJF
24 August 20231 NIO = 4.916 DJF
25 August 20231 NIO = 4.916 DJF
28 August 20231 NIO = 4.814 DJF
29 August 20231 NIO = 4.919 DJF
30 August 20231 NIO = 4.921 DJF
31 August 20231 NIO = 4.915 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.

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

01/01/2002: Introduction of new banknotes

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

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national currency.

15/09/1997: Second devaluation

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

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

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.

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per US dollar.