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

Pound sterling moroccan dirham history for November 2023. The highest quote for this month is 12.717 (29/11/2023) and the lowest 12.718 (26/11/2023). The difference between high and low is -0.01.

GBP MAD average rate for November 2023 is 12.50476, the change between 01/11/2023 and 30/11/2023 is -2.03 %.

01 November 2023	1 GBP = 12.49 MAD
02 November 2023	1 GBP = 12.55 MAD
03 November 2023	1 GBP = 12.11 MAD
06 November 2023	1 GBP = 12.23 MAD
07 November 2023	1 GBP = 12.60 MAD
08 November 2023	1 GBP = 12.57 MAD
09 November 2023	1 GBP = 12.51 MAD
10 November 2023	1 GBP = 12.49 MAD
12 November 2023	1 GBP = 12.49 MAD
13 November 2023	1 GBP = 12.09 MAD
14 November 2023	1 GBP = 12.55 MAD
15 November 2023	1 GBP = 12.66 MAD
16 November 2023	1 GBP = 12.61 MAD
17 November 2023	1 GBP = 12.60 MAD
19 November 2023	1 GBP = 12.65 MAD
20 November 2023	1 GBP = 12.18 MAD
21 November 2023	1 GBP = 12.67 MAD
22 November 2023	1 GBP = 12.71 MAD
23 November 2023	1 GBP = 12.26 MAD
24 November 2023	1 GBP = 12.31 MAD
26 November 2023	1 GBP = 12.71 MAD
27 November 2023	1 GBP = 12.32 MAD
28 November 2023	1 GBP = 12.74 MAD
29 November 2023	1 GBP = 12.76 MAD
30 November 2023	1 GBP = 12.75 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