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.
15/04/2019: Coronation of King Rama X
King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.
01/09/2013: Replacement of coins with bi-metallic coins
Coins of lower denominations of the Djiboutian franc were replaced with bi-metallic coins.
19/09/2006: 2006 Thai coup d'état
The military staged a coup overthrowing the government, causing political instability and affecting the currency.
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.
02/07/1997: Asian Financial Crisis
The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.
01/01/1980: Currency Floatation
The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.
08/05/1977: First devaluation
The Djiboutian franc was devalued by 50% due to economic difficulties faced by the newly independent country.
14/10/1973: October 14 Uprising
A popular uprising against the military dictatorship led to political reforms and an increase in public participation.
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.
01/01/1942: Japanese Occupation
During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.
24/06/1932: Siamese Revolution
The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.