Historic Saudi riyal Djiboutian franc

Saudi riyal djiboutian franc history for January 2024. The highest quote for this month is 47.696 (06/01/2024) and the lowest 47.527 (28/01/2024). The difference between high and low is 0.35.

SAR DJF average rate for January 2024 is 47.22244, the change between 01/01/2024 and 31/01/2024 is -1.95 %.

01 January 20241 SAR = 46.54 DJF
02 January 20241 SAR = 47.40 DJF
03 January 20241 SAR = 47.45 DJF
04 January 20241 SAR = 47.45 DJF
05 January 20241 SAR = 47.44 DJF
06 January 20241 SAR = 47.56 DJF
07 January 20241 SAR = 47.41 DJF
08 January 20241 SAR = 46.25 DJF
09 January 20241 SAR = 47.45 DJF
10 January 20241 SAR = 47.45 DJF
11 January 20241 SAR = 47.45 DJF
12 January 20241 SAR = 47.45 DJF
14 January 20241 SAR = 47.47 DJF
15 January 20241 SAR = 46.37 DJF
16 January 20241 SAR = 47.45 DJF
17 January 20241 SAR = 46.50 DJF
18 January 20241 SAR = 47.45 DJF
19 January 20241 SAR = 47.44 DJF
22 January 20241 SAR = 46.34 DJF
23 January 20241 SAR = 47.45 DJF
24 January 20241 SAR = 47.45 DJF
25 January 20241 SAR = 47.45 DJF
26 January 20241 SAR = 47.45 DJF
28 January 20241 SAR = 47.53 DJF
29 January 20241 SAR = 46.47 DJF
30 January 20241 SAR = 47.45 DJF
31 January 20241 SAR = 47.45 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.

20/05/2018: SAMA grants licenses for full-fledged digital banks

SAMA issued licenses to two banks for providing digital banking services, reflecting a shift towards digitalization in the financial sector.

21/12/2016: Saudi Arabia introduces the SAR 200 note

A new 200 riyal banknote was introduced, featuring a portrait of King Abdullah bin Abdulaziz Al Saud.

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

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

20/12/2003: Launch of Riyal Interbank Express (SARIE)

SAMA launched SARIE, a real-time gross settlement system, improving interbank transactions and money transfers.

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.

27/05/1997: Introduction of Saudi Arabian Monetary Agency new design series

SAMA introduced a new series of banknotes with enhanced security features to combat counterfeiting.

30/06/1986: Saudi riyal pegged to the US dollar at 3.75 SAR per USD

Saudi Arabia pegged its currency to the USD, ensuring stability and ease of trade with international partners.

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.

01/03/1952: Introduction of Saudi Arabian Monetary Agency (SAMA)

SAMA was established as the central bank of Saudi Arabia, responsible for issuing and managing the Saudi riyal.

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.

23/09/1932: Establishment of the Kingdom of Saudi Arabia

The Saudi riyal currency was introduced following the unification of the Kingdom under King Abdulaziz Al Saud.