Historic Barbadian dollar Moroccan dirham

Barbadian dollar moroccan dirham history for August 2023. The highest quote for this month is 5.0686 (24/08/2023) and the lowest 5.0304 (18/08/2023). The difference between high and low is 0.75.

BBD MAD average rate for August 2023 is 4.93942, the change between 01/08/2023 and 31/08/2023 is +0.52 %.

01 August 20231 BBD = 4.987 MAD
02 August 20231 BBD = 4.995 MAD
03 August 20231 BBD = 4.862 MAD
04 August 20231 BBD = 4.979 MAD
07 August 20231 BBD = 4.775 MAD
08 August 20231 BBD = 4.829 MAD
09 August 20231 BBD = 4.757 MAD
10 August 20231 BBD = 4.770 MAD
11 August 20231 BBD = 4.800 MAD
12 August 20231 BBD = 4.935 MAD
14 August 20231 BBD = 4.795 MAD
15 August 20231 BBD = 4.994 MAD
16 August 20231 BBD = 5.00 MAD
17 August 20231 BBD = 5.02 MAD
18 August 20231 BBD = 5.03 MAD
20 August 20231 BBD = 4.992 MAD
21 August 20231 BBD = 4.837 MAD
22 August 20231 BBD = 5.05 MAD
23 August 20231 BBD = 5.06 MAD
24 August 20231 BBD = 5.06 MAD
25 August 20231 BBD = 5.09 MAD
28 August 20231 BBD = 4.923 MAD
29 August 20231 BBD = 4.997 MAD
30 August 20231 BBD = 4.981 MAD
31 August 20231 BBD = 4.961 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.

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

02/06/2014: Introduction of the fourth dirham

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

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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

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

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.