Historic Rwandan franc Moroccan dirham

Rwandan franc moroccan dirham history for September 2023. The highest quote for this month is 0.008666 (19/09/2023) and the lowest 0.00857 (23/09/2023). The difference between high and low is 1.11.

RWF MAD average rate for September 2023 is 0.00851, the change between 01/09/2023 and 30/09/2023 is -2.27 %.

01 September 20231 RWF = 0.0084 MAD
04 September 20231 RWF = 0.0084 MAD
05 September 20231 RWF = 0.0084 MAD
06 September 20231 RWF = 0.0084 MAD
07 September 20231 RWF = 0.0086 MAD
08 September 20231 RWF = 0.0086 MAD
11 September 20231 RWF = 0.0083 MAD
12 September 20231 RWF = 0.0083 MAD
13 September 20231 RWF = 0.0086 MAD
14 September 20231 RWF = 0.0086 MAD
18 September 20231 RWF = 0.0083 MAD
19 September 20231 RWF = 0.0086 MAD
20 September 20231 RWF = 0.0087 MAD
21 September 20231 RWF = 0.0086 MAD
22 September 20231 RWF = 0.0086 MAD
23 September 20231 RWF = 0.0086 MAD
25 September 20231 RWF = 0.0083 MAD
26 September 20231 RWF = 0.0086 MAD
27 September 20231 RWF = 0.0087 MAD
28 September 20231 RWF = 0.0086 MAD
29 September 20231 RWF = 0.0086 MAD
30 September 20231 RWF = 0.0085 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.