Australian dollar moroccan dirham exchange rate history (AUD MAD) October 2023

Australian dollar moroccan dirham history for October 2023. The highest quote for this month is 6.6142 (01/10/2023) and the lowest 6.6086 (01/10/2023). The difference between high and low is 0.08.

AUD MAD average rate for October 2023 is 6.4736, the change between 01/10/2023 and 31/10/2023 is +1.02 %.

01 October 2023	1 AUD = 6.62 MAD
02 October 2023	1 AUD = 6.41 MAD
03 October 2023	1 AUD = 6.56 MAD
04 October 2023	1 AUD = 6.52 MAD
05 October 2023	1 AUD = 6.52 MAD
06 October 2023	1 AUD = 6.37 MAD
07 October 2023	1 AUD = 6.56 MAD
09 October 2023	1 AUD = 6.29 MAD
10 October 2023	1 AUD = 6.45 MAD
11 October 2023	1 AUD = 6.60 MAD
12 October 2023	1 AUD = 6.57 MAD
13 October 2023	1 AUD = 6.47 MAD
16 October 2023	1 AUD = 6.24 MAD
17 October 2023	1 AUD = 6.50 MAD
18 October 2023	1 AUD = 6.52 MAD
19 October 2023	1 AUD = 6.30 MAD
20 October 2023	1 AUD = 6.52 MAD
21 October 2023	1 AUD = 6.52 MAD
22 October 2023	1 AUD = 6.52 MAD
23 October 2023	1 AUD = 6.29 MAD
24 October 2023	1 AUD = 6.54 MAD
25 October 2023	1 AUD = 6.55 MAD
26 October 2023	1 AUD = 6.46 MAD
27 October 2023	1 AUD = 6.50 MAD
28 October 2023	1 AUD = 6.52 MAD
29 October 2023	1 AUD = 6.51 MAD
30 October 2023	1 AUD = 6.31 MAD
31 October 2023	1 AUD = 6.55 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.

Historic Australian dollar Moroccan dirham