Historic Iranian Rial Moroccan dirham

Iranian Rial moroccan dirham history for December 2023. The highest quote for this month is 0.000242 (10/12/2023) and the lowest 0.000241 (10/12/2023). The difference between high and low is 0.41.

IRR MAD average rate for December 2023 is 0.00024, the change between 01/12/2023 and 31/12/2023 is -1.29 %.

01 December 20231 IRR = 0.0002 MAD
02 December 20231 IRR = 0.0002 MAD
03 December 20231 IRR = 0.0002 MAD
04 December 20231 IRR = 0.0002 MAD
05 December 20231 IRR = 0.0002 MAD
06 December 20231 IRR = 0.0002 MAD
07 December 20231 IRR = 0.0002 MAD
08 December 20231 IRR = 0.0002 MAD
10 December 20231 IRR = 0.0002 MAD
11 December 20231 IRR = 0.0002 MAD
12 December 20231 IRR = 0.0002 MAD
13 December 20231 IRR = 0.0002 MAD
14 December 20231 IRR = 0.0002 MAD
15 December 20231 IRR = 0.0002 MAD
16 December 20231 IRR = 0.0002 MAD
17 December 20231 IRR = 0.0002 MAD
18 December 20231 IRR = 0.0002 MAD
19 December 20231 IRR = 0.0002 MAD
20 December 20231 IRR = 0.0002 MAD
21 December 20231 IRR = 0.0002 MAD
22 December 20231 IRR = 0.0002 MAD
23 December 20231 IRR = 0.0002 MAD
24 December 20231 IRR = 0.0002 MAD
25 December 20231 IRR = 0.0002 MAD
26 December 20231 IRR = 0.0002 MAD
27 December 20231 IRR = 0.0002 MAD
28 December 20231 IRR = 0.0002 MAD
29 December 20231 IRR = 0.0002 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.

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

01/05/1999: Introduction of the third dirham

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

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

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

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

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.