Historic South African rand Djiboutian franc

South African rand djiboutian franc history for February 2024. The highest quote for this month is 9.466 (01/02/2024) and the lowest 9.44 (17/02/2024). The difference between high and low is 0.27.

ZAR DJF average rate for February 2024 is 9.31281, the change between 01/02/2024 and 29/02/2024 is +5.58 %.

01 February 20241 ZAR = 9.55 DJF
02 February 20241 ZAR = 9.57 DJF
03 February 20241 ZAR = 9.42 DJF
04 February 20241 ZAR = 9.43 DJF
05 February 20241 ZAR = 9.30 DJF
06 February 20241 ZAR = 9.14 DJF
07 February 20241 ZAR = 9.25 DJF
08 February 20241 ZAR = 9.40 DJF
09 February 20241 ZAR = 9.37 DJF
12 February 20241 ZAR = 9.15 DJF
13 February 20241 ZAR = 9.40 DJF
14 February 20241 ZAR = 9.32 DJF
15 February 20241 ZAR = 9.34 DJF
16 February 20241 ZAR = 9.38 DJF
17 February 20241 ZAR = 9.44 DJF
18 February 20241 ZAR = 9.44 DJF
19 February 20241 ZAR = 9.24 DJF
20 February 20241 ZAR = 9.38 DJF
21 February 20241 ZAR = 9.40 DJF
22 February 20241 ZAR = 9.41 DJF
23 February 20241 ZAR = 9.09 DJF
24 February 20241 ZAR = 9.23 DJF
25 February 20241 ZAR = 9.22 DJF
26 February 20241 ZAR = 9.00 DJF
27 February 20241 ZAR = 9.25 DJF
28 February 20241 ZAR = 9.32 DJF
29 February 20241 ZAR = 9.02 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.

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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

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

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

01/01/2002: Introduction of new banknotes

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

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

15/09/1997: Second devaluation

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

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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.