Historic South African rand Djiboutian franc

South African rand djiboutian franc history for January 2024. The highest quote for this month is 9.687 (01/01/2024) and the lowest 9.563 (14/01/2024). The difference between high and low is 1.28.

ZAR DJF average rate for January 2024 is 9.44693, the change between 01/01/2024 and 31/01/2024 is +0.82 %.

01 January 20241 ZAR = 9.54 DJF
02 January 20241 ZAR = 9.71 DJF
03 January 20241 ZAR = 9.58 DJF
04 January 20241 ZAR = 9.52 DJF
05 January 20241 ZAR = 9.51 DJF
06 January 20241 ZAR = 9.55 DJF
07 January 20241 ZAR = 9.52 DJF
08 January 20241 ZAR = 9.29 DJF
09 January 20241 ZAR = 9.57 DJF
10 January 20241 ZAR = 9.54 DJF
11 January 20241 ZAR = 9.54 DJF
12 January 20241 ZAR = 9.53 DJF
14 January 20241 ZAR = 9.56 DJF
15 January 20241 ZAR = 9.34 DJF
16 January 20241 ZAR = 9.53 DJF
17 January 20241 ZAR = 9.19 DJF
18 January 20241 ZAR = 9.32 DJF
19 January 20241 ZAR = 9.39 DJF
22 January 20241 ZAR = 9.14 DJF
23 January 20241 ZAR = 9.26 DJF
24 January 20241 ZAR = 9.40 DJF
25 January 20241 ZAR = 9.41 DJF
26 January 20241 ZAR = 9.41 DJF
27 January 20241 ZAR = 9.49 DJF
28 January 20241 ZAR = 9.49 DJF
29 January 20241 ZAR = 9.28 DJF
30 January 20241 ZAR = 9.46 DJF
31 January 20241 ZAR = 9.46 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.