Guyanese dollar moroccan dirham exchange rate history (GYD MAD) August 2023

Guyanese dollar moroccan dirham history for August 2023. The highest quote for this month is 0.049961 (24/08/2023) and the lowest 0.049621 (18/08/2023). The difference between high and low is 0.68.

GYD MAD average rate for August 2023 is 0.04857, the change between 01/08/2023 and 31/08/2023 is +0.56 %.

01 August 2023	1 GYD = 0.0492 MAD
02 August 2023	1 GYD = 0.0493 MAD
03 August 2023	1 GYD = 0.0480 MAD
04 August 2023	1 GYD = 0.0491 MAD
07 August 2023	1 GYD = 0.0471 MAD
08 August 2023	1 GYD = 0.0476 MAD
09 August 2023	1 GYD = 0.0469 MAD
10 August 2023	1 GYD = 0.0470 MAD
11 August 2023	1 GYD = 0.0473 MAD
12 August 2023	1 GYD = 0.0475 MAD
14 August 2023	1 GYD = 0.0473 MAD
15 August 2023	1 GYD = 0.0493 MAD
16 August 2023	1 GYD = 0.0489 MAD
17 August 2023	1 GYD = 0.0495 MAD
18 August 2023	1 GYD = 0.0496 MAD
19 August 2023	1 GYD = 0.0480 MAD
20 August 2023	1 GYD = 0.0480 MAD
21 August 2023	1 GYD = 0.0477 MAD
22 August 2023	1 GYD = 0.0499 MAD
23 August 2023	1 GYD = 0.0499 MAD
24 August 2023	1 GYD = 0.0500 MAD
25 August 2023	1 GYD = 0.0502 MAD
28 August 2023	1 GYD = 0.0486 MAD
29 August 2023	1 GYD = 0.0493 MAD
30 August 2023	1 GYD = 0.0491 MAD
31 August 2023	1 GYD = 0.0489 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.

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

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.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new dollar.

01/05/1999: Introduction of the third dirham

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

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

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.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

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

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

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.

Historic Guyanese dollar Moroccan dirham