Rwandan franc moroccan dirham exchange rate history (RWF MAD) August 2023

Rwandan franc moroccan dirham history for August 2023. The highest quote for this month is 0.008496 (24/08/2023) and the lowest 0.008494 (19/08/2023). The difference between high and low is 0.02.

RWF MAD average rate for August 2023 is 0.00834, the change between 01/08/2023 and 31/08/2023 is +1.68 %.

01 August 2023	1 RWF = 0.0084 MAD
02 August 2023	1 RWF = 0.0085 MAD
03 August 2023	1 RWF = 0.0083 MAD
04 August 2023	1 RWF = 0.0084 MAD
07 August 2023	1 RWF = 0.0081 MAD
08 August 2023	1 RWF = 0.0082 MAD
09 August 2023	1 RWF = 0.0081 MAD
10 August 2023	1 RWF = 0.0081 MAD
11 August 2023	1 RWF = 0.0081 MAD
12 August 2023	1 RWF = 0.0084 MAD
14 August 2023	1 RWF = 0.0081 MAD
15 August 2023	1 RWF = 0.0084 MAD
16 August 2023	1 RWF = 0.0084 MAD
17 August 2023	1 RWF = 0.0084 MAD
18 August 2023	1 RWF = 0.0085 MAD
19 August 2023	1 RWF = 0.0085 MAD
20 August 2023	1 RWF = 0.0085 MAD
21 August 2023	1 RWF = 0.0082 MAD
22 August 2023	1 RWF = 0.0085 MAD
23 August 2023	1 RWF = 0.0085 MAD
24 August 2023	1 RWF = 0.0085 MAD
25 August 2023	1 RWF = 0.0085 MAD
28 August 2023	1 RWF = 0.0083 MAD
29 August 2023	1 RWF = 0.0084 MAD
30 August 2023	1 RWF = 0.0083 MAD
31 August 2023	1 RWF = 0.0083 MAD

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.

Historic Rwandan franc Moroccan dirham