Historic Moroccan dirham Guinean franc

Moroccan dirham guinean franc history for August 2023. The highest quote for this month is 904.92 (09/08/2023) and the lowest 907.33 (09/08/2023). The difference between high and low is -0.27.

MAD GNF average rate for August 2023 is 873.22923, the change between 01/08/2023 and 31/08/2023 is -0.02 %.

01 August 20231 MAD = 868.6 GNF
02 August 20231 MAD = 867.6 GNF
03 August 20231 MAD = 887.9 GNF
04 August 20231 MAD = 871.2 GNF
07 August 20231 MAD = 904.0 GNF
08 August 20231 MAD = 894.0 GNF
09 August 20231 MAD = 907.3 GNF
10 August 20231 MAD = 904.9 GNF
11 August 20231 MAD = 898.8 GNF
12 August 20231 MAD = 860.9 GNF
14 August 20231 MAD = 899.8 GNF
15 August 20231 MAD = 867.1 GNF
16 August 20231 MAD = 866.6 GNF
17 August 20231 MAD = 863.9 GNF
18 August 20231 MAD = 862.1 GNF
19 August 20231 MAD = 850.3 GNF
20 August 20231 MAD = 850.3 GNF
21 August 20231 MAD = 891.6 GNF
22 August 20231 MAD = 857.8 GNF
23 August 20231 MAD = 856.3 GNF
24 August 20231 MAD = 856.3 GNF
25 August 20231 MAD = 844.1 GNF
28 August 20231 MAD = 875.7 GNF
29 August 20231 MAD = 862.7 GNF
30 August 20231 MAD = 865.5 GNF
31 August 20231 MAD = 868.8 GNF

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.

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

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.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.