Historic Pound sterling Moroccan dirham

Pound sterling moroccan dirham history for February 2024. The highest quote for this month is 12.739 (25/02/2024) and the lowest 12.739 (25/02/2024). The difference between high and low is 0.

GBP MAD average rate for February 2024 is 12.58363, the change between 01/02/2024 and 29/02/2024 is +2.07 %.

01 February 20241 GBP = 12.68 MAD
02 February 20241 GBP = 12.75 MAD
05 February 20241 GBP = 12.32 MAD
06 February 20241 GBP = 12.23 MAD
07 February 20241 GBP = 12.70 MAD
08 February 20241 GBP = 12.70 MAD
09 February 20241 GBP = 12.67 MAD
11 February 20241 GBP = 12.63 MAD
12 February 20241 GBP = 12.26 MAD
13 February 20241 GBP = 12.67 MAD
14 February 20241 GBP = 12.67 MAD
15 February 20241 GBP = 12.66 MAD
16 February 20241 GBP = 12.67 MAD
18 February 20241 GBP = 12.68 MAD
19 February 20241 GBP = 12.29 MAD
20 February 20241 GBP = 12.30 MAD
21 February 20241 GBP = 12.73 MAD
22 February 20241 GBP = 12.73 MAD
23 February 20241 GBP = 12.73 MAD
25 February 20241 GBP = 12.74 MAD
26 February 20241 GBP = 12.31 MAD
27 February 20241 GBP = 12.71 MAD
28 February 20241 GBP = 12.76 MAD
29 February 20241 GBP = 12.41 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.
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