Historic Moroccan dirham Australian dollar

Moroccan dirham australian dollar history for January 2024. The highest quote for this month is 0.15825 (17/01/2024) and the lowest 0.15754 (18/01/2024). The difference between high and low is 0.45.

MAD AUD average rate for January 2024 is 0.15251, the change between 01/01/2024 and 31/01/2024 is +0.65 %.

01 January 20241 MAD = 0.1526 AUD
02 January 20241 MAD = 0.1527 AUD
03 January 20241 MAD = 0.1489 AUD
04 January 20241 MAD = 0.1496 AUD
05 January 20241 MAD = 0.1507 AUD
06 January 20241 MAD = 0.1497 AUD
07 January 20241 MAD = 0.1501 AUD
08 January 20241 MAD = 0.1550 AUD
09 January 20241 MAD = 0.1499 AUD
10 January 20241 MAD = 0.1552 AUD
11 January 20241 MAD = 0.1500 AUD
12 January 20241 MAD = 0.1501 AUD
14 January 20241 MAD = 0.1503 AUD
15 January 20241 MAD = 0.1551 AUD
16 January 20241 MAD = 0.1561 AUD
17 January 20241 MAD = 0.1568 AUD
18 January 20241 MAD = 0.1528 AUD
19 January 20241 MAD = 0.1521 AUD
22 January 20241 MAD = 0.1575 AUD
23 January 20241 MAD = 0.1531 AUD
24 January 20241 MAD = 0.1521 AUD
25 January 20241 MAD = 0.1528 AUD
26 January 20241 MAD = 0.1521 AUD
27 January 20241 MAD = 0.1528 AUD
28 January 20241 MAD = 0.1524 AUD
29 January 20241 MAD = 0.1575 AUD
30 January 20241 MAD = 0.1509 AUD
31 January 20241 MAD = 0.1516 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.
MAD AUD July 2023
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