Historic Japanese Yen Moroccan dirham

Japanese Yen moroccan dirham history since 28/03/2024 until today (0 years). Search for JPY to MAD exchange rate history for a particular date, month or year.

is the currency (supplied by Bank of Japan and the currency supplied by Bank Al-Maghrib. The JPY MAD historical data can be seen on the Japanese Yen moroccan dirham historical chart.

29 February 20241 JPY = 0.0651 MAD
01 March 20241 JPY = 0.0673 MAD
03 March 20241 JPY = 0.0672 MAD
04 March 20241 JPY = 0.0648 MAD
05 March 20241 JPY = 0.0649 MAD
06 March 20241 JPY = 0.0650 MAD
07 March 20241 JPY = 0.0671 MAD
08 March 20241 JPY = 0.0653 MAD
10 March 20241 JPY = 0.0683 MAD
11 March 20241 JPY = 0.0661 MAD
12 March 20241 JPY = 0.0679 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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

02/06/2014: Introduction of the fourth dirham

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

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

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.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

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

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

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.