Historic Australian dollar Moroccan dirham

Australian dollar moroccan dirham history for December 2023. The highest quote for this month is 6.7904 (14/12/2023) and the lowest 6.8058 (25/12/2023). The difference between high and low is -0.23.

AUD MAD average rate for December 2023 is 6.66213, the change between 01/12/2023 and 31/12/2023 is -4.13 %.

01 December 20231 AUD = 6.45 MAD
02 December 20231 AUD = 6.73 MAD
03 December 20231 AUD = 6.72 MAD
04 December 20231 AUD = 6.52 MAD
05 December 20231 AUD = 6.67 MAD
06 December 20231 AUD = 6.62 MAD
07 December 20231 AUD = 6.61 MAD
08 December 20231 AUD = 6.67 MAD
10 December 20231 AUD = 6.68 MAD
11 December 20231 AUD = 6.47 MAD
12 December 20231 AUD = 6.47 MAD
13 December 20231 AUD = 6.46 MAD
14 December 20231 AUD = 6.79 MAD
15 December 20231 AUD = 6.76 MAD
16 December 20231 AUD = 6.78 MAD
17 December 20231 AUD = 6.78 MAD
18 December 20231 AUD = 6.59 MAD
19 December 20231 AUD = 6.57 MAD
20 December 20231 AUD = 6.83 MAD
21 December 20231 AUD = 6.77 MAD
22 December 20231 AUD = 6.77 MAD
23 December 20231 AUD = 6.74 MAD
24 December 20231 AUD = 6.75 MAD
25 December 20231 AUD = 6.53 MAD
26 December 20231 AUD = 6.53 MAD
27 December 20231 AUD = 6.76 MAD
28 December 20231 AUD = 6.71 MAD
29 December 20231 AUD = 6.75 MAD
31 December 20231 AUD = 6.72 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.

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

02/06/2014: Introduction of the fourth dirham

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

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

01/05/1999: Introduction of the third dirham

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

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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

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