Historic Moroccan dirham Comorian Franc

Moroccan dirham comorian franc history for November 2023. The highest quote for this month is 47.011 (02/11/2023) and the lowest 46.717 (02/11/2023). The difference between high and low is 0.63.

MAD KMF average rate for November 2023 is 45.16877, the change between 01/11/2023 and 30/11/2023 is +1.18 %.

01 November 20231 MAD = 45.10 KMF
02 November 20231 MAD = 44.99 KMF
03 November 20231 MAD = 47.01 KMF
06 November 20231 MAD = 46.42 KMF
07 November 20231 MAD = 44.98 KMF
08 November 20231 MAD = 44.98 KMF
09 November 20231 MAD = 45.07 KMF
10 November 20231 MAD = 45.09 KMF
12 November 20231 MAD = 45.11 KMF
13 November 20231 MAD = 46.63 KMF
14 November 20231 MAD = 45.02 KMF
15 November 20231 MAD = 44.60 KMF
16 November 20231 MAD = 44.52 KMF
17 November 20231 MAD = 44.67 KMF
18 November 20231 MAD = 44.55 KMF
19 November 20231 MAD = 44.57 KMF
20 November 20231 MAD = 46.34 KMF
21 November 20231 MAD = 44.40 KMF
22 November 20231 MAD = 44.40 KMF
23 November 20231 MAD = 45.82 KMF
24 November 20231 MAD = 45.88 KMF
26 November 20231 MAD = 44.58 KMF
27 November 20231 MAD = 46.02 KMF
28 November 20231 MAD = 44.54 KMF
29 November 20231 MAD = 44.56 KMF
30 November 20231 MAD = 44.56 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.