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

Rwandan franc moroccan dirham history for December 2023. The highest quote for this month is 0.008205 (14/12/2023) and the lowest 0.008169 (10/12/2023). The difference between high and low is 0.44.

RWF MAD average rate for December 2023 is 0.00802, the change between 01/12/2023 and 31/12/2023 is +0.54 %.

01 December 2023	1 RWF = 0.0080 MAD
02 December 2023	1 RWF = 0.0082 MAD
03 December 2023	1 RWF = 0.0082 MAD
04 December 2023	1 RWF = 0.0079 MAD
05 December 2023	1 RWF = 0.0082 MAD
06 December 2023	1 RWF = 0.0082 MAD
07 December 2023	1 RWF = 0.0082 MAD
08 December 2023	1 RWF = 0.0082 MAD
10 December 2023	1 RWF = 0.0082 MAD
11 December 2023	1 RWF = 0.0079 MAD
12 December 2023	1 RWF = 0.0080 MAD
13 December 2023	1 RWF = 0.0080 MAD
14 December 2023	1 RWF = 0.0082 MAD
15 December 2023	1 RWF = 0.0081 MAD
16 December 2023	1 RWF = 0.0081 MAD
17 December 2023	1 RWF = 0.0081 MAD
18 December 2023	1 RWF = 0.0079 MAD
19 December 2023	1 RWF = 0.0079 MAD
20 December 2023	1 RWF = 0.0081 MAD
21 December 2023	1 RWF = 0.0081 MAD
22 December 2023	1 RWF = 0.0080 MAD
23 December 2023	1 RWF = 0.0080 MAD
24 December 2023	1 RWF = 0.0079 MAD
25 December 2023	1 RWF = 0.0077 MAD
26 December 2023	1 RWF = 0.0077 MAD
27 December 2023	1 RWF = 0.0080 MAD
28 December 2023	1 RWF = 0.0079 MAD
29 December 2023	1 RWF = 0.0079 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