Moroccan dirham comorian franc exchange rate history (MAD KMF) August 2023

Moroccan dirham comorian franc history for August 2023. The highest quote for this month is 47.763 (09/08/2023) and the lowest 47.968 (07/08/2023). The difference between high and low is -0.43.

MAD KMF average rate for August 2023 is 46.14542, the change between 01/08/2023 and 31/08/2023 is -1.89 %.

01 August 2023	1 MAD = 45.42 KMF
02 August 2023	1 MAD = 45.36 KMF
03 August 2023	1 MAD = 46.55 KMF
04 August 2023	1 MAD = 45.61 KMF
07 August 2023	1 MAD = 47.84 KMF
08 August 2023	1 MAD = 47.03 KMF
09 August 2023	1 MAD = 47.72 KMF
10 August 2023	1 MAD = 47.58 KMF
11 August 2023	1 MAD = 47.28 KMF
12 August 2023	1 MAD = 45.44 KMF
14 August 2023	1 MAD = 47.31 KMF
15 August 2023	1 MAD = 45.57 KMF
16 August 2023	1 MAD = 45.71 KMF
17 August 2023	1 MAD = 45.58 KMF
18 August 2023	1 MAD = 45.55 KMF
19 August 2023	1 MAD = 45.38 KMF
20 August 2023	1 MAD = 45.38 KMF
21 August 2023	1 MAD = 47.48 KMF
22 August 2023	1 MAD = 45.28 KMF
23 August 2023	1 MAD = 45.17 KMF
24 August 2023	1 MAD = 45.37 KMF
25 August 2023	1 MAD = 45.15 KMF
28 August 2023	1 MAD = 46.64 KMF
29 August 2023	1 MAD = 45.98 KMF
30 August 2023	1 MAD = 46.14 KMF
31 August 2023	1 MAD = 46.27 KMF

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 Moroccan dirham Comorian Franc