Pound sterling moroccan dirham exchange rate history (GBP MAD) December 2023

Pound sterling moroccan dirham history for December 2023. The highest quote for this month is 12.854 (14/12/2023) and the lowest 12.828 (17/12/2023). The difference between high and low is 0.2.

GBP MAD average rate for December 2023 is 12.58104, the change between 01/12/2023 and 31/12/2023 is -1.78 %.

01 December 2023	1 GBP = 12.33 MAD
03 December 2023	1 GBP = 12.82 MAD
04 December 2023	1 GBP = 12.41 MAD
05 December 2023	1 GBP = 12.73 MAD
06 December 2023	1 GBP = 12.71 MAD
07 December 2023	1 GBP = 12.68 MAD
08 December 2023	1 GBP = 12.73 MAD
10 December 2023	1 GBP = 12.75 MAD
11 December 2023	1 GBP = 12.34 MAD
12 December 2023	1 GBP = 12.38 MAD
13 December 2023	1 GBP = 12.37 MAD
14 December 2023	1 GBP = 12.86 MAD
15 December 2023	1 GBP = 12.88 MAD
17 December 2023	1 GBP = 12.83 MAD
18 December 2023	1 GBP = 12.46 MAD
19 December 2023	1 GBP = 12.40 MAD
20 December 2023	1 GBP = 12.86 MAD
21 December 2023	1 GBP = 12.69 MAD
22 December 2023	1 GBP = 12.63 MAD
24 December 2023	1 GBP = 12.59 MAD
25 December 2023	1 GBP = 12.16 MAD
26 December 2023	1 GBP = 12.19 MAD
27 December 2023	1 GBP = 12.61 MAD
28 December 2023	1 GBP = 12.54 MAD
29 December 2023	1 GBP = 12.59 MAD
31 December 2023	1 GBP = 12.55 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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

01/05/1999: Introduction of the third dirham

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

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

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

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

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.

Historic Pound sterling Moroccan dirham