United States dollar djiboutian franc history for July 2023. The highest quote for this month is 174.38 (25/07/2023) and the lowest 174.02 (25/07/2023). The difference between high and low is 0.21.
USD DJF average rate for July 2023 is 176.24, the change between 01/07/2023 and 31/07/2023 is +2.5 %.
| 05 July 2023 | 1 USD = 177.7 DJF |
| 25 July 2023 | 1 USD = 177.7 DJF |
| 31 July 2023 | 1 USD = 173.3 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.
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.
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.