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

Guyanese dollar moroccan dirham history for October 2023. The highest quote for this month is 0.051625 (04/10/2023) and the lowest 0.050322 (04/10/2023). The difference between high and low is 2.52.

GYD MAD average rate for October 2023 is 0.05054, the change between 01/10/2023 and 31/10/2023 is -4.16 %.

01 October 2023	1 GYD = 0.0494 MAD
02 October 2023	1 GYD = 0.0497 MAD
03 October 2023	1 GYD = 0.0516 MAD
04 October 2023	1 GYD = 0.0516 MAD
05 October 2023	1 GYD = 0.0516 MAD
06 October 2023	1 GYD = 0.0502 MAD
07 October 2023	1 GYD = 0.0493 MAD
09 October 2023	1 GYD = 0.0496 MAD
10 October 2023	1 GYD = 0.0503 MAD
11 October 2023	1 GYD = 0.0513 MAD
12 October 2023	1 GYD = 0.0512 MAD
13 October 2023	1 GYD = 0.0513 MAD
16 October 2023	1 GYD = 0.0495 MAD
17 October 2023	1 GYD = 0.0513 MAD
18 October 2023	1 GYD = 0.0513 MAD
19 October 2023	1 GYD = 0.0497 MAD
20 October 2023	1 GYD = 0.0511 MAD
21 October 2023	1 GYD = 0.0496 MAD
22 October 2023	1 GYD = 0.0496 MAD
23 October 2023	1 GYD = 0.0499 MAD
24 October 2023	1 GYD = 0.0516 MAD
25 October 2023	1 GYD = 0.0515 MAD
26 October 2023	1 GYD = 0.0513 MAD
27 October 2023	1 GYD = 0.0514 MAD
28 October 2023	1 GYD = 0.0494 MAD
29 October 2023	1 GYD = 0.0494 MAD
30 October 2023	1 GYD = 0.0499 MAD
31 October 2023	1 GYD = 0.0515 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