Moroccan dirham burundian franc exchange rate history (MAD BIF) August 2023

Moroccan dirham burundian franc history for August 2023. The highest quote for this month is 298.3 (09/08/2023) and the lowest 299.09 (09/08/2023). The difference between high and low is -0.26.

MAD BIF average rate for August 2023 is 287.64308, the change between 01/08/2023 and 31/08/2023 is -0.59 %.

01 August 2023	1 MAD = 284.8 BIF
02 August 2023	1 MAD = 284.7 BIF
03 August 2023	1 MAD = 292.5 BIF
04 August 2023	1 MAD = 285.6 BIF
07 August 2023	1 MAD = 297.9 BIF
08 August 2023	1 MAD = 293.7 BIF
09 August 2023	1 MAD = 299.1 BIF
10 August 2023	1 MAD = 298.3 BIF
11 August 2023	1 MAD = 296.4 BIF
12 August 2023	1 MAD = 284.9 BIF
14 August 2023	1 MAD = 296.9 BIF
15 August 2023	1 MAD = 285.0 BIF
16 August 2023	1 MAD = 284.1 BIF
17 August 2023	1 MAD = 283.9 BIF
18 August 2023	1 MAD = 283.0 BIF
19 August 2023	1 MAD = 281.7 BIF
20 August 2023	1 MAD = 281.7 BIF
21 August 2023	1 MAD = 294.3 BIF
22 August 2023	1 MAD = 282.4 BIF
23 August 2023	1 MAD = 281.3 BIF
24 August 2023	1 MAD = 280.8 BIF
25 August 2023	1 MAD = 280.2 BIF
28 August 2023	1 MAD = 289.3 BIF
29 August 2023	1 MAD = 284.4 BIF
30 August 2023	1 MAD = 285.3 BIF
31 August 2023	1 MAD = 286.5 BIF

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.

Historic Moroccan dirham Burundian Franc