Historic Vanuatu vatu Djiboutian franc

Vanuatu vatu djiboutian franc history for July 2023. The highest quote for this month is 1.5027 (25/07/2023) and the lowest 1.4996 (25/07/2023). The difference between high and low is 0.21.

VUV DJF average rate for July 2023 is 1.50937, the change between 01/07/2023 and 31/07/2023 is +2.05 %.

05 July 20231 VUV = 1.514 DJF
25 July 20231 VUV = 1.532 DJF
31 July 20231 VUV = 1.483 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.