Historic Japanese Yen Moroccan dirham

Japanese Yen moroccan dirham history for February 2024. The highest quote for this month is 0.067963 (01/02/2024) and the lowest 0.067737 (04/02/2024). The difference between high and low is 0.33.

JPY MAD average rate for February 2024 is 0.06668, the change between 01/02/2024 and 29/02/2024 is +4.33 %.

01 February 20241 JPY = 0.0680 MAD
02 February 20241 JPY = 0.0683 MAD
04 February 20241 JPY = 0.0677 MAD
05 February 20241 JPY = 0.0657 MAD
06 February 20241 JPY = 0.0656 MAD
07 February 20241 JPY = 0.0681 MAD
08 February 20241 JPY = 0.0679 MAD
09 February 20241 JPY = 0.0673 MAD
11 February 20241 JPY = 0.0670 MAD
12 February 20241 JPY = 0.0650 MAD
13 February 20241 JPY = 0.0672 MAD
14 February 20241 JPY = 0.0668 MAD
15 February 20241 JPY = 0.0669 MAD
16 February 20241 JPY = 0.0671 MAD
17 February 20241 JPY = 0.0670 MAD
18 February 20241 JPY = 0.0670 MAD
19 February 20241 JPY = 0.0649 MAD
20 February 20241 JPY = 0.0650 MAD
21 February 20241 JPY = 0.0672 MAD
22 February 20241 JPY = 0.0670 MAD
23 February 20241 JPY = 0.0668 MAD
24 February 20241 JPY = 0.0668 MAD
25 February 20241 JPY = 0.0668 MAD
26 February 20241 JPY = 0.0646 MAD
27 February 20241 JPY = 0.0665 MAD
28 February 20241 JPY = 0.0668 MAD
29 February 20241 JPY = 0.0651 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.
JPY MAD June 2023
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JPY MAD February 2024
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