Iraqi dinar moroccan dirham exchange rate history (IQD MAD) August 2023

Iraqi dinar moroccan dirham history for August 2023. The highest quote for this month is 0.0078 (24/08/2023) and the lowest 0.007673 (29/08/2023). The difference between high and low is 1.63.

IQD MAD average rate for August 2023 is 0.00752, the change between 01/08/2023 and 31/08/2023 is -1.41 %.

01 August 2023	1 IQD = 0.0075 MAD
02 August 2023	1 IQD = 0.0075 MAD
03 August 2023	1 IQD = 0.0075 MAD
04 August 2023	1 IQD = 0.0075 MAD
07 August 2023	1 IQD = 0.0073 MAD
08 August 2023	1 IQD = 0.0074 MAD
09 August 2023	1 IQD = 0.0073 MAD
10 August 2023	1 IQD = 0.0073 MAD
11 August 2023	1 IQD = 0.0074 MAD
14 August 2023	1 IQD = 0.0074 MAD
15 August 2023	1 IQD = 0.0075 MAD
16 August 2023	1 IQD = 0.0075 MAD
17 August 2023	1 IQD = 0.0076 MAD
18 August 2023	1 IQD = 0.0076 MAD
21 August 2023	1 IQD = 0.0074 MAD
22 August 2023	1 IQD = 0.0076 MAD
23 August 2023	1 IQD = 0.0076 MAD
24 August 2023	1 IQD = 0.0076 MAD
25 August 2023	1 IQD = 0.0077 MAD
28 August 2023	1 IQD = 0.0076 MAD
29 August 2023	1 IQD = 0.0077 MAD
30 August 2023	1 IQD = 0.0077 MAD
31 August 2023	1 IQD = 0.0076 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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

01/05/1999: Introduction of the third dirham

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

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

12/12/1980: Introduction of the second dirham

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

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

Historic Iraqi dinar Moroccan dirham