Historic Moroccan dirham Burundian Franc

Moroccan dirham burundian franc history for March 2024. The highest quote for this month is 292.58 (11/03/2024) and the lowest 291.75 (11/03/2024). The difference between high and low is 0.28.

MAD BIF average rate for March 2024 is 287.169, the change between 01/03/2024 and 31/03/2024 is -0.92 %.

01 March 20241 MAD = 281.3 BIF
03 March 20241 MAD = 282.1 BIF
04 March 20241 MAD = 290.3 BIF
05 March 20241 MAD = 291.1 BIF
06 March 20241 MAD = 291.7 BIF
07 March 20241 MAD = 284.1 BIF
08 March 20241 MAD = 292.2 BIF
10 March 20241 MAD = 283.4 BIF
11 March 20241 MAD = 291.8 BIF
12 March 20241 MAD = 283.9 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.