Historic Moroccan dirham Pound sterling

Moroccan dirham pound sterling history for February 2024. The highest quote for this month is 0.081735 (13/02/2024) and the lowest 0.081592 (16/02/2024). The difference between high and low is 0.17.

MAD GBP average rate for February 2024 is 0.07949, the change between 01/02/2024 and 29/02/2024 is -2.11 %.

01 February 20241 MAD = 0.0789 GBP
02 February 20241 MAD = 0.0784 GBP
05 February 20241 MAD = 0.0812 GBP
06 February 20241 MAD = 0.0818 GBP
07 February 20241 MAD = 0.0788 GBP
08 February 20241 MAD = 0.0787 GBP
09 February 20241 MAD = 0.0789 GBP
11 February 20241 MAD = 0.0792 GBP
12 February 20241 MAD = 0.0816 GBP
13 February 20241 MAD = 0.0789 GBP
14 February 20241 MAD = 0.0789 GBP
15 February 20241 MAD = 0.0790 GBP
16 February 20241 MAD = 0.0789 GBP
18 February 20241 MAD = 0.0789 GBP
19 February 20241 MAD = 0.0814 GBP
20 February 20241 MAD = 0.0813 GBP
21 February 20241 MAD = 0.0786 GBP
22 February 20241 MAD = 0.0785 GBP
23 February 20241 MAD = 0.0785 GBP
25 February 20241 MAD = 0.0785 GBP
26 February 20241 MAD = 0.0812 GBP
27 February 20241 MAD = 0.0787 GBP
28 February 20241 MAD = 0.0784 GBP
29 February 20241 MAD = 0.0806 GBP

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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

01/05/1999: Introduction of the third dirham

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

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

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

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

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.
MAD GBP June 2023
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MAD GBP February 2024
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MAD GBP June 2024