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

Moroccan dirham australian dollar history for November 2023. The highest quote for this month is 0.1588 (13/11/2023) and the lowest 0.15837 (10/11/2023). The difference between high and low is 0.27.

MAD AUD average rate for November 2023 is 0.1529, the change between 01/11/2023 and 30/11/2023 is +1.92 %.

01 November 2023	1 MAD = 0.1534 AUD
02 November 2023	1 MAD = 0.1511 AUD
03 November 2023	1 MAD = 0.1567 AUD
06 November 2023	1 MAD = 0.1553 AUD
07 November 2023	1 MAD = 0.1510 AUD
08 November 2023	1 MAD = 0.1521 AUD
09 November 2023	1 MAD = 0.1533 AUD
10 November 2023	1 MAD = 0.1537 AUD
12 November 2023	1 MAD = 0.1540 AUD
13 November 2023	1 MAD = 0.1589 AUD
14 November 2023	1 MAD = 0.1534 AUD
15 November 2023	1 MAD = 0.1518 AUD
16 November 2023	1 MAD = 0.1513 AUD
17 November 2023	1 MAD = 0.1522 AUD
18 November 2023	1 MAD = 0.1512 AUD
19 November 2023	1 MAD = 0.1512 AUD
20 November 2023	1 MAD = 0.1570 AUD
21 November 2023	1 MAD = 0.1504 AUD
22 November 2023	1 MAD = 0.1505 AUD
23 November 2023	1 MAD = 0.1557 AUD
24 November 2023	1 MAD = 0.1553 AUD
26 November 2023	1 MAD = 0.1505 AUD
27 November 2023	1 MAD = 0.1554 AUD
28 November 2023	1 MAD = 0.1500 AUD
29 November 2023	1 MAD = 0.1496 AUD
30 November 2023	1 MAD = 0.1505 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