Historic Moroccan dirham Burundian Franc

Moroccan dirham burundian franc history for December 2023. The highest quote for this month is 295.43 (29/12/2023) and the lowest 296.21 (27/12/2023). The difference between high and low is -0.26.

MAD BIF average rate for December 2023 is 284.29643, the change between 01/12/2023 and 31/12/2023 is +1.04 %.

01 December 20231 MAD = 289.4 BIF
02 December 20231 MAD = 280.6 BIF
03 December 20231 MAD = 280.5 BIF
04 December 20231 MAD = 288.9 BIF
05 December 20231 MAD = 280.3 BIF
06 December 20231 MAD = 279.8 BIF
07 December 20231 MAD = 279.6 BIF
08 December 20231 MAD = 279.8 BIF
10 December 20231 MAD = 278.6 BIF
11 December 20231 MAD = 287.3 BIF
12 December 20231 MAD = 287.0 BIF
13 December 20231 MAD = 286.5 BIF
14 December 20231 MAD = 276.8 BIF
15 December 20231 MAD = 280.7 BIF
16 December 20231 MAD = 279.8 BIF
17 December 20231 MAD = 279.8 BIF
18 December 20231 MAD = 288.4 BIF
19 December 20231 MAD = 288.6 BIF
20 December 20231 MAD = 280.3 BIF
21 December 20231 MAD = 281.9 BIF
22 December 20231 MAD = 284.3 BIF
23 December 20231 MAD = 285.6 BIF
24 December 20231 MAD = 285.7 BIF
25 December 20231 MAD = 294.6 BIF
26 December 20231 MAD = 294.6 BIF
27 December 20231 MAD = 285.6 BIF
28 December 20231 MAD = 288.9 BIF
29 December 20231 MAD = 286.4 BIF

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.

29/06/2018: East African Community Currency Integration

Burundi joins the East African Community (EAC) currency integration, paving the way for a future unified currency within the region.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

17/10/2011: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs are introduced in denominations of 500, 1000, 2000, 5000, and 10,000 Francs.

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.

30/06/2003: Second Currency Revaluation

The Burundian Franc undergoes another significant devaluation as part of the second currency revaluation program.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

30/04/1995: Printing of Banknotes

The first locally printed banknotes, issued in denominations of 10, 20, 50, 100, 500, 1000, and 5000 Francs, are circulated.

20/10/1990: Introduction of New Coins

New coins are introduced in denominations of 1, 5, 10, 50, and 100 Francs.

22/09/1985: First Currency Revaluation

The Burundian Franc is significantly devalued as part of a currency revaluation program.

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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

30/06/1960: Independence from Belgium

Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.