Moroccan dirham argentine peso exchange rate history (MAD ARS) December 2023

Moroccan dirham argentine peso history for December 2023. The highest quote for this month is 84.304 (29/12/2023) and the lowest 85.189 (28/12/2023). The difference between high and low is -1.05.

MAD ARS average rate for December 2023 is 62.4591, the change between 01/12/2023 and 31/12/2023 is -122.11 %.

01 December 2023	1 MAD = 36.92 ARS
02 December 2023	1 MAD = 35.78 ARS
03 December 2023	1 MAD = 35.77 ARS
04 December 2023	1 MAD = 36.96 ARS
05 December 2023	1 MAD = 35.97 ARS
06 December 2023	1 MAD = 35.97 ARS
07 December 2023	1 MAD = 36.02 ARS
08 December 2023	1 MAD = 36.00 ARS
10 December 2023	1 MAD = 35.80 ARS
11 December 2023	1 MAD = 37.07 ARS
12 December 2023	1 MAD = 37.11 ARS
13 December 2023	1 MAD = 37.24 ARS
14 December 2023	1 MAD = 78.51 ARS
15 December 2023	1 MAD = 77.90 ARS
16 December 2023	1 MAD = 79.18 ARS
17 December 2023	1 MAD = 79.18 ARS
18 December 2023	1 MAD = 80.57 ARS
19 December 2023	1 MAD = 81.91 ARS
20 December 2023	1 MAD = 79.52 ARS
21 December 2023	1 MAD = 80.05 ARS
22 December 2023	1 MAD = 80.77 ARS
23 December 2023	1 MAD = 81.16 ARS
24 December 2023	1 MAD = 81.15 ARS
25 December 2023	1 MAD = 83.97 ARS
26 December 2023	1 MAD = 83.78 ARS
27 December 2023	1 MAD = 80.94 ARS
28 December 2023	1 MAD = 82.43 ARS
29 December 2023	1 MAD = 81.73 ARS
31 December 2023	1 MAD = 82.01 ARS

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.

14/09/2020: Introduction of Currency Controls

Argentina tightens currency controls to stabilize the peso and prevent capital flight, imposing restrictions on foreign currency purchases and transfers, marking a significant shift in monetary policy.

11/08/2019: Primary Elections and Peso Devaluation

Following the primary elections, uncertainty in the financial markets leads to a significant devaluation of the peso, causing economic turmoil and further exacerbating the country's financial difficulties.

09/12/2015: Change in Government

Mauricio Macri assumes the presidency, bringing in economic reforms and liberalization policies, impacting the exchange rate and the value of the Argentine peso.

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.

02/12/2001: Economic Crisis and Devaluation

Argentina faces a severe economic crisis, resulting in the devaluation of the peso, leading to a sharp decline in its value and triggering social and political unrest.

01/05/1999: Introduction of the third dirham

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

31/03/1991: Introduction of Convertibility Plan

The Convertibility Plan is implemented, fixing the exchange rate between the Argentine peso and the US dollar on a one-to-one basis, as an attempt to control inflation.

06/01/1985: Introduction of Austral as a new currency

The Argentine government replaces the peso with the Austral as the new currency, aiming to stabilize the economy and tackle hyperinflation.

29/01/1983: End of the military dictatorship

After seven years of military rule, democratic elections are held in Argentina, leading to the end of the military dictatorship and the beginning of a period of economic and political transition.

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.

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

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

Historic Moroccan dirham Argentine peso