Historic Hong Kong dollar Moroccan dirham

Hong Kong dollar moroccan dirham history for February 2024. The highest quote for this month is 1.2886 (21/02/2024) and the lowest 1.2866 (18/02/2024). The difference between high and low is 0.16.

HKD MAD average rate for February 2024 is 1.27514, the change between 01/02/2024 and 29/02/2024 is +2.07 %.

01 February 20241 HKD = 1.279 MAD
02 February 20241 HKD = 1.279 MAD
03 February 20241 HKD = 1.283 MAD
04 February 20241 HKD = 1.283 MAD
05 February 20241 HKD = 1.248 MAD
06 February 20241 HKD = 1.247 MAD
07 February 20241 HKD = 1.287 MAD
08 February 20241 HKD = 1.287 MAD
09 February 20241 HKD = 1.284 MAD
11 February 20241 HKD = 1.279 MAD
12 February 20241 HKD = 1.241 MAD
13 February 20241 HKD = 1.284 MAD
14 February 20241 HKD = 1.287 MAD
15 February 20241 HKD = 1.288 MAD
16 February 20241 HKD = 1.286 MAD
17 February 20241 HKD = 1.286 MAD
18 February 20241 HKD = 1.287 MAD
19 February 20241 HKD = 1.246 MAD
20 February 20241 HKD = 1.249 MAD
21 February 20241 HKD = 1.289 MAD
22 February 20241 HKD = 1.288 MAD
23 February 20241 HKD = 1.285 MAD
24 February 20241 HKD = 1.285 MAD
25 February 20241 HKD = 1.285 MAD
26 February 20241 HKD = 1.242 MAD
27 February 20241 HKD = 1.280 MAD
28 February 20241 HKD = 1.286 MAD
29 February 20241 HKD = 1.252 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.

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

01/05/1999: Introduction of the third dirham

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

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

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.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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

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

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.
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