Argentine peso moroccan dirham exchange rate history (ARS MAD) December 2023

Argentine peso moroccan dirham history for December 2023. The highest quote for this month is 0.027965 (03/12/2023) and the lowest 0.027952 (02/12/2023). The difference between high and low is 0.05.

ARS MAD average rate for December 2023 is 0.01863, the change between 01/12/2023 and 31/12/2023 is +54.98 %.

01 December 2023	1 ARS = 0.0271 MAD
02 December 2023	1 ARS = 0.0280 MAD
03 December 2023	1 ARS = 0.0280 MAD
04 December 2023	1 ARS = 0.0271 MAD
05 December 2023	1 ARS = 0.0278 MAD
06 December 2023	1 ARS = 0.0278 MAD
07 December 2023	1 ARS = 0.0278 MAD
08 December 2023	1 ARS = 0.0278 MAD
10 December 2023	1 ARS = 0.0279 MAD
11 December 2023	1 ARS = 0.0270 MAD
12 December 2023	1 ARS = 0.0270 MAD
13 December 2023	1 ARS = 0.0269 MAD
14 December 2023	1 ARS = 0.0127 MAD
15 December 2023	1 ARS = 0.0128 MAD
16 December 2023	1 ARS = 0.0126 MAD
17 December 2023	1 ARS = 0.0126 MAD
18 December 2023	1 ARS = 0.0124 MAD
19 December 2023	1 ARS = 0.0122 MAD
20 December 2023	1 ARS = 0.0126 MAD
21 December 2023	1 ARS = 0.0125 MAD
22 December 2023	1 ARS = 0.0124 MAD
23 December 2023	1 ARS = 0.0123 MAD
24 December 2023	1 ARS = 0.0123 MAD
25 December 2023	1 ARS = 0.0119 MAD
26 December 2023	1 ARS = 0.0119 MAD
27 December 2023	1 ARS = 0.0124 MAD
28 December 2023	1 ARS = 0.0121 MAD
29 December 2023	1 ARS = 0.0122 MAD
31 December 2023	1 ARS = 0.0122 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.

14/09/2020: Introduction of Currency Controls

Argentina tightens currency controls to stabilize the peso and prevent capital flight, imposing restrictions on foreign currency purchases and transfers, marking a significant shift in monetary policy.

11/08/2019: Primary Elections and Peso Devaluation

Following the primary elections, uncertainty in the financial markets leads to a significant devaluation of the peso, causing economic turmoil and further exacerbating the country's financial difficulties.

09/12/2015: Change in Government

Mauricio Macri assumes the presidency, bringing in economic reforms and liberalization policies, impacting the exchange rate and the value of the Argentine peso.

02/06/2014: Introduction of the fourth dirham

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

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.

02/12/2001: Economic Crisis and Devaluation

Argentina faces a severe economic crisis, resulting in the devaluation of the peso, leading to a sharp decline in its value and triggering social and political unrest.

01/05/1999: Introduction of the third dirham

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

31/03/1991: Introduction of Convertibility Plan

The Convertibility Plan is implemented, fixing the exchange rate between the Argentine peso and the US dollar on a one-to-one basis, as an attempt to control inflation.

06/01/1985: Introduction of Austral as a new currency

The Argentine government replaces the peso with the Austral as the new currency, aiming to stabilize the economy and tackle hyperinflation.

29/01/1983: End of the military dictatorship

After seven years of military rule, democratic elections are held in Argentina, leading to the end of the military dictatorship and the beginning of a period of economic and political transition.

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.

Historic Argentine peso Moroccan dirham