Historic Moroccan dirham Comorian Franc

Moroccan dirham comorian franc history for September 2023. The highest quote for this month is 46.988 (29/09/2023) and the lowest 46.905 (28/09/2023). The difference between high and low is 0.18.

MAD KMF average rate for September 2023 is 45.49526, the change between 01/09/2023 and 30/09/2023 is +1.9 %.

01 September 20231 MAD = 46.12 KMF
04 September 20231 MAD = 45.55 KMF
05 September 20231 MAD = 46.08 KMF
06 September 20231 MAD = 46.04 KMF
07 September 20231 MAD = 45.02 KMF
08 September 20231 MAD = 45.22 KMF
11 September 20231 MAD = 46.59 KMF
12 September 20231 MAD = 46.62 KMF
13 September 20231 MAD = 45.15 KMF
14 September 20231 MAD = 45.22 KMF
15 September 20231 MAD = 45.11 KMF
18 September 20231 MAD = 46.48 KMF
19 September 20231 MAD = 44.81 KMF
20 September 20231 MAD = 44.90 KMF
21 September 20231 MAD = 44.66 KMF
22 September 20231 MAD = 44.86 KMF
23 September 20231 MAD = 45.01 KMF
25 September 20231 MAD = 46.29 KMF
26 September 20231 MAD = 45.24 KMF
27 September 20231 MAD = 45.33 KMF
28 September 20231 MAD = 45.44 KMF
29 September 20231 MAD = 45.46 KMF
30 September 20231 MAD = 45.24 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.