Historic Moroccan dirham Rwandan franc

Moroccan dirham rwandan franc history for September 2023. The highest quote for this month is 121.19 (29/09/2023) and the lowest 121.51 (29/09/2023). The difference between high and low is -0.26.

MAD RWF average rate for September 2023 is 117.51682, the change between 01/09/2023 and 30/09/2023 is +2.22 %.

01 September 20231 MAD = 119.6 RWF
04 September 20231 MAD = 118.7 RWF
05 September 20231 MAD = 119.7 RWF
06 September 20231 MAD = 119.3 RWF
07 September 20231 MAD = 116.1 RWF
08 September 20231 MAD = 116.5 RWF
11 September 20231 MAD = 120.4 RWF
12 September 20231 MAD = 120.5 RWF
13 September 20231 MAD = 117.0 RWF
14 September 20231 MAD = 117.0 RWF
18 September 20231 MAD = 120.0 RWF
19 September 20231 MAD = 115.9 RWF
20 September 20231 MAD = 115.5 RWF
21 September 20231 MAD = 115.9 RWF
22 September 20231 MAD = 116.1 RWF
23 September 20231 MAD = 116.4 RWF
25 September 20231 MAD = 119.8 RWF
26 September 20231 MAD = 115.9 RWF
27 September 20231 MAD = 115.4 RWF
28 September 20231 MAD = 116.3 RWF
29 September 20231 MAD = 116.4 RWF
30 September 20231 MAD = 117.0 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.