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.
29/12/2014: Introduction of new Bahamian dollar variants
New variants of the Bahamian dollar banknotes, featuring improved security features, were introduced to combat counterfeit money.
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.
01/05/1999: Introduction of the third dirham
A new series of Moroccan dirham banknotes was introduced with enhanced security features.
12/12/1980: Introduction of the second dirham
A new series of Moroccan dirham banknotes was issued to replace the first series.
27/12/1974: Devaluation of the Bahamian dollar
The Bahamian dollar was devalued by 50% to stimulate the country's tourism industry and boost its economy.
17/10/1974: Adoption of the dirham as the currency
The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.
10/07/1973: Independence from British rule
The Bahamas gained independence from British rule, maintaining the Bahamian dollar as its currency.
09/09/1969: Currency Board Agreement
The Bahamas entered into a Currency Board Agreement with the Eastern Caribbean Currency Authority, establishing fixed exchange rates for their currencies.
01/01/1966: Introduction of the Bahamian dollar
The Bahamian dollar was introduced, replacing the British pound as the official currency of the Bahamas.
26/11/1960: Introduction of the Moroccan franc (FRF)
The Moroccan franc was introduced as the official currency of Morocco.
06/08/1866: Adoption of the British pound
The Bahamas officially adopted the British pound sterling as their currency, replacing the Bahamian pound.
06/06/1853: Introduction of the Bahamian pound
The Bahamian pound was introduced as the official currency of the Bahamas, replacing the Spanish dollar.