Moroccan dirham australian dollar exchange rate history (MAD AUD) August 2023

Moroccan dirham australian dollar history for August 2023. The highest quote for this month is 0.16289 (09/08/2023) and the lowest 0.16339 (21/08/2023). The difference between high and low is -0.31.

MAD AUD average rate for August 2023 is 0.15797, the change between 01/08/2023 and 31/08/2023 is -4.23 %.

01 August 2023	1 MAD = 0.1512 AUD
02 August 2023	1 MAD = 0.1532 AUD
03 August 2023	1 MAD = 0.1590 AUD
04 August 2023	1 MAD = 0.1552 AUD
07 August 2023	1 MAD = 0.1625 AUD
08 August 2023	1 MAD = 0.1598 AUD
09 August 2023	1 MAD = 0.1631 AUD
10 August 2023	1 MAD = 0.1625 AUD
11 August 2023	1 MAD = 0.1621 AUD
12 August 2023	1 MAD = 0.1559 AUD
14 August 2023	1 MAD = 0.1621 AUD
15 August 2023	1 MAD = 0.1563 AUD
16 August 2023	1 MAD = 0.1569 AUD
17 August 2023	1 MAD = 0.1575 AUD
18 August 2023	1 MAD = 0.1573 AUD
20 August 2023	1 MAD = 0.1564 AUD
21 August 2023	1 MAD = 0.1638 AUD
22 August 2023	1 MAD = 0.1564 AUD
23 August 2023	1 MAD = 0.1557 AUD
24 August 2023	1 MAD = 0.1545 AUD
25 August 2023	1 MAD = 0.1553 AUD
28 August 2023	1 MAD = 0.1604 AUD
29 August 2023	1 MAD = 0.1578 AUD
30 August 2023	1 MAD = 0.1572 AUD
31 August 2023	1 MAD = 0.1576 AUD

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.

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

02/06/2014: Introduction of the fourth dirham

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

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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

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

Historic Moroccan dirham Australian dollar