Historic Moroccan dirham Rwandan franc

Moroccan dirham rwandan franc history for October 2023. The highest quote for this month is 123.2 (31/10/2023) and the lowest 122.27 (25/10/2023). The difference between high and low is 0.75.

MAD RWF average rate for October 2023 is 118.77778, the change between 01/10/2023 and 31/10/2023 is -1.21 %.

01 October 20231 MAD = 117.0 RWF
02 October 20231 MAD = 121.5 RWF
03 October 20231 MAD = 116.7 RWF
04 October 20231 MAD = 116.7 RWF
05 October 20231 MAD = 117.2 RWF
06 October 20231 MAD = 119.7 RWF
07 October 20231 MAD = 117.8 RWF
09 October 20231 MAD = 121.4 RWF
10 October 20231 MAD = 121.5 RWF
11 October 20231 MAD = 118.0 RWF
12 October 20231 MAD = 117.7 RWF
13 October 20231 MAD = 118.1 RWF
16 October 20231 MAD = 121.9 RWF
17 October 20231 MAD = 118.2 RWF
18 October 20231 MAD = 118.2 RWF
19 October 20231 MAD = 121.3 RWF
20 October 20231 MAD = 117.7 RWF
21 October 20231 MAD = 117.6 RWF
22 October 20231 MAD = 117.6 RWF
23 October 20231 MAD = 121.1 RWF
24 October 20231 MAD = 117.5 RWF
25 October 20231 MAD = 118.0 RWF
26 October 20231 MAD = 118.4 RWF
27 October 20231 MAD = 118.4 RWF
29 October 20231 MAD = 118.5 RWF
30 October 20231 MAD = 121.4 RWF
31 October 20231 MAD = 118.4 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.