Historic Moroccan dirham Rwandan franc

Moroccan dirham rwandan franc history for January 2024. The highest quote for this month is 131.87 (24/01/2024) and the lowest 130.78 (15/01/2024). The difference between high and low is 0.83.

MAD RWF average rate for January 2024 is 127.58667, the change between 01/01/2024 and 31/01/2024 is +3 %.

01 January 20241 MAD = 129.9 RWF
02 January 20241 MAD = 129.9 RWF
03 January 20241 MAD = 127.0 RWF
04 January 20241 MAD = 126.0 RWF
05 January 20241 MAD = 126.3 RWF
06 January 20241 MAD = 126.2 RWF
07 January 20241 MAD = 126.6 RWF
08 January 20241 MAD = 129.7 RWF
09 January 20241 MAD = 125.9 RWF
10 January 20241 MAD = 129.7 RWF
11 January 20241 MAD = 125.7 RWF
12 January 20241 MAD = 125.8 RWF
14 January 20241 MAD = 126.5 RWF
15 January 20241 MAD = 131.7 RWF
16 January 20241 MAD = 130.8 RWF
17 January 20241 MAD = 129.6 RWF
18 January 20241 MAD = 126.0 RWF
19 January 20241 MAD = 126.0 RWF
22 January 20241 MAD = 132.0 RWF
23 January 20241 MAD = 126.7 RWF
24 January 20241 MAD = 125.9 RWF
25 January 20241 MAD = 126.6 RWF
26 January 20241 MAD = 126.1 RWF
28 January 20241 MAD = 126.5 RWF
29 January 20241 MAD = 130.2 RWF
30 January 20241 MAD = 125.8 RWF
31 January 20241 MAD = 126.0 RWF

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.

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

02/06/2014: Introduction of the fourth dirham

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

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

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.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

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

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