Historic Guyanese dollar Moroccan dirham

Guyanese dollar moroccan dirham history for March 2024. The highest quote for this month is 0.050443 (01/03/2024) and the lowest 0.048805 (08/03/2024). The difference between high and low is 3.25.

GYD MAD average rate for March 2024 is 0.04883, the change between 01/03/2024 and 31/03/2024 is +4.78 %.

01 March 20241 GYD = 0.0505 MAD
03 March 20241 GYD = 0.0483 MAD
04 March 20241 GYD = 0.0488 MAD
05 March 20241 GYD = 0.0488 MAD
06 March 20241 GYD = 0.0487 MAD
07 March 20241 GYD = 0.0500 MAD
08 March 20241 GYD = 0.0485 MAD
10 March 20241 GYD = 0.0481 MAD
11 March 20241 GYD = 0.0485 MAD
12 March 20241 GYD = 0.0481 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.