Historic Moroccan dirham Comorian Franc

Moroccan dirham comorian franc history for December 2023. The highest quote for this month is 46.553 (25/12/2023) and the lowest 46.773 (27/12/2023). The difference between high and low is -0.47.

MAD KMF average rate for December 2023 is 45.36025, the change between 01/12/2023 and 31/12/2023 is +2.36 %.

01 December 20231 MAD = 45.92 KMF
02 December 20231 MAD = 44.84 KMF
03 December 20231 MAD = 44.91 KMF
04 December 20231 MAD = 46.31 KMF
05 December 20231 MAD = 44.86 KMF
06 December 20231 MAD = 45.18 KMF
07 December 20231 MAD = 45.18 KMF
08 December 20231 MAD = 45.07 KMF
10 December 20231 MAD = 45.05 KMF
11 December 20231 MAD = 46.53 KMF
12 December 20231 MAD = 46.36 KMF
13 December 20231 MAD = 46.44 KMF
14 December 20231 MAD = 44.77 KMF
15 December 20231 MAD = 45.26 KMF
16 December 20231 MAD = 44.51 KMF
17 December 20231 MAD = 44.51 KMF
18 December 20231 MAD = 46.39 KMF
19 December 20231 MAD = 45.62 KMF
20 December 20231 MAD = 44.38 KMF
21 December 20231 MAD = 44.69 KMF
22 December 20231 MAD = 45.06 KMF
23 December 20231 MAD = 45.06 KMF
24 December 20231 MAD = 44.99 KMF
25 December 20231 MAD = 46.60 KMF
26 December 20231 MAD = 46.56 KMF
27 December 20231 MAD = 44.97 KMF
28 December 20231 MAD = 45.25 KMF
29 December 20231 MAD = 44.83 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.