Comorian Franc moroccan dirham exchange rate history (KMF MAD) December 2023

Comorian Franc moroccan dirham history for December 2023. The highest quote for this month is 0.022553 (15/12/2023) and the lowest 0.022465 (16/12/2023). The difference between high and low is 0.39.

KMF MAD average rate for December 2023 is 0.02205, the change between 01/12/2023 and 31/12/2023 is -2.42 %.

01 December 2023	1 KMF = 0.0218 MAD
02 December 2023	1 KMF = 0.0223 MAD
03 December 2023	1 KMF = 0.0223 MAD
04 December 2023	1 KMF = 0.0216 MAD
05 December 2023	1 KMF = 0.0223 MAD
06 December 2023	1 KMF = 0.0221 MAD
07 December 2023	1 KMF = 0.0221 MAD
08 December 2023	1 KMF = 0.0222 MAD
10 December 2023	1 KMF = 0.0222 MAD
11 December 2023	1 KMF = 0.0215 MAD
12 December 2023	1 KMF = 0.0216 MAD
13 December 2023	1 KMF = 0.0215 MAD
14 December 2023	1 KMF = 0.0223 MAD
15 December 2023	1 KMF = 0.0221 MAD
16 December 2023	1 KMF = 0.0225 MAD
17 December 2023	1 KMF = 0.0225 MAD
18 December 2023	1 KMF = 0.0216 MAD
19 December 2023	1 KMF = 0.0219 MAD
20 December 2023	1 KMF = 0.0225 MAD
21 December 2023	1 KMF = 0.0224 MAD
22 December 2023	1 KMF = 0.0222 MAD
23 December 2023	1 KMF = 0.0222 MAD
24 December 2023	1 KMF = 0.0222 MAD
25 December 2023	1 KMF = 0.0215 MAD
26 December 2023	1 KMF = 0.0215 MAD
27 December 2023	1 KMF = 0.0222 MAD
28 December 2023	1 KMF = 0.0221 MAD
29 December 2023	1 KMF = 0.0223 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.

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

01/01/2019: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

02/06/2014: Introduction of the fourth dirham

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

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.

01/05/1999: Introduction of the third dirham

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

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

12/12/1980: Introduction of the second dirham

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

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its currency.

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.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.

Historic Comorian Franc Moroccan dirham