Historic Australian dollar Moroccan dirham

Australian dollar moroccan dirham history for February 2024. The highest quote for this month is 6.5976 (24/02/2024) and the lowest 6.6046 (25/02/2024). The difference between high and low is -0.11.

AUD MAD average rate for February 2024 is 6.51206, the change between 01/02/2024 and 29/02/2024 is +2.94 %.

01 February 20241 AUD = 6.56 MAD
02 February 20241 AUD = 6.58 MAD
03 February 20241 AUD = 6.54 MAD
04 February 20241 AUD = 6.54 MAD
05 February 20241 AUD = 6.35 MAD
06 February 20241 AUD = 6.32 MAD
07 February 20241 AUD = 6.58 MAD
08 February 20241 AUD = 6.56 MAD
09 February 20241 AUD = 6.52 MAD
11 February 20241 AUD = 6.52 MAD
12 February 20241 AUD = 6.33 MAD
13 February 20241 AUD = 6.55 MAD
14 February 20241 AUD = 6.50 MAD
15 February 20241 AUD = 6.54 MAD
16 February 20241 AUD = 6.56 MAD
17 February 20241 AUD = 6.57 MAD
18 February 20241 AUD = 6.57 MAD
19 February 20241 AUD = 6.37 MAD
20 February 20241 AUD = 6.38 MAD
21 February 20241 AUD = 6.61 MAD
22 February 20241 AUD = 6.60 MAD
23 February 20241 AUD = 6.59 MAD
24 February 20241 AUD = 6.60 MAD
25 February 20241 AUD = 6.60 MAD
26 February 20241 AUD = 6.38 MAD
27 February 20241 AUD = 6.55 MAD
28 February 20241 AUD = 6.58 MAD
29 February 20241 AUD = 6.37 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.
AUD MAD July 2023
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