Historic Moroccan dirham Comorian Franc

Moroccan dirham comorian franc history for February 2024. The highest quote for this month is 46.961 (13/02/2024) and the lowest 47.063 (12/02/2024). The difference between high and low is -0.22.

MAD KMF average rate for February 2024 is 45.717, the change between 01/02/2024 and 29/02/2024 is -2.05 %.

01 February 20241 MAD = 45.37 KMF
02 February 20241 MAD = 45.28 KMF
03 February 20241 MAD = 45.44 KMF
04 February 20241 MAD = 45.44 KMF
05 February 20241 MAD = 46.71 KMF
06 February 20241 MAD = 46.74 KMF
07 February 20241 MAD = 45.48 KMF
08 February 20241 MAD = 45.42 KMF
09 February 20241 MAD = 45.47 KMF
12 February 20241 MAD = 47.00 KMF
13 February 20241 MAD = 45.44 KMF
14 February 20241 MAD = 45.63 KMF
15 February 20241 MAD = 45.53 KMF
16 February 20241 MAD = 45.45 KMF
17 February 20241 MAD = 45.52 KMF
18 February 20241 MAD = 45.52 KMF
19 February 20241 MAD = 46.88 KMF
20 February 20241 MAD = 46.69 KMF
21 February 20241 MAD = 45.16 KMF
22 February 20241 MAD = 45.18 KMF
23 February 20241 MAD = 45.21 KMF
24 February 20241 MAD = 45.20 KMF
25 February 20241 MAD = 45.20 KMF
26 February 20241 MAD = 46.77 KMF
27 February 20241 MAD = 45.26 KMF
28 February 20241 MAD = 45.07 KMF
29 February 20241 MAD = 46.30 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.