Historic Burundian Franc Moroccan dirham

Burundian Franc moroccan dirham history for October 2023. The highest quote for this month is 0.003675 (04/10/2023) and the lowest 0.004969 (04/10/2023). The difference between high and low is -35.21.

BIF MAD average rate for October 2023 is 0.00367, the change between 01/10/2023 and 31/10/2023 is +0.08 %.

01 October 20231 BIF = 0.0036 MAD
02 October 20231 BIF = 0.0035 MAD
03 October 20231 BIF = 0.0037 MAD
04 October 20231 BIF = 0.0037 MAD
05 October 20231 BIF = 0.0036 MAD
06 October 20231 BIF = 0.0036 MAD
07 October 20231 BIF = 0.0036 MAD
09 October 20231 BIF = 0.0035 MAD
10 October 20231 BIF = 0.0036 MAD
11 October 20231 BIF = 0.0036 MAD
12 October 20231 BIF = 0.0036 MAD
13 October 20231 BIF = 0.0036 MAD
16 October 20231 BIF = 0.0035 MAD
17 October 20231 BIF = 0.0036 MAD
18 October 20231 BIF = 0.0036 MAD
19 October 20231 BIF = 0.0035 MAD
20 October 20231 BIF = 0.0037 MAD
21 October 20231 BIF = 0.0037 MAD
22 October 20231 BIF = 0.0037 MAD
23 October 20231 BIF = 0.0035 MAD
24 October 20231 BIF = 0.0037 MAD
25 October 20231 BIF = 0.0051 MAD
26 October 20231 BIF = 0.0036 MAD
27 October 20231 BIF = 0.0036 MAD
30 October 20231 BIF = 0.0035 MAD
31 October 20231 BIF = 0.0036 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

29/06/2018: East African Community Currency Integration

Burundi joins the East African Community (EAC) currency integration, paving the way for a future unified currency within the region.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

17/10/2011: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs are introduced in denominations of 500, 1000, 2000, 5000, and 10,000 Francs.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

30/06/2003: Second Currency Revaluation

The Burundian Franc undergoes another significant devaluation as part of the second currency revaluation program.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

30/04/1995: Printing of Banknotes

The first locally printed banknotes, issued in denominations of 10, 20, 50, 100, 500, 1000, and 5000 Francs, are circulated.

20/10/1990: Introduction of New Coins

New coins are introduced in denominations of 1, 5, 10, 50, and 100 Francs.

22/09/1985: First Currency Revaluation

The Burundian Franc is significantly devalued as part of a currency revaluation program.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

30/06/1960: Independence from Belgium

Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.