Moroccan dirham pound sterling exchange rate history (MAD GBP) September 2023

Moroccan dirham pound sterling history for September 2023. The highest quote for this month is 0.082257 (29/09/2023) and the lowest 0.082704 (25/09/2023). The difference between high and low is -0.54.

MAD GBP average rate for September 2023 is 0.07976, the change between 01/09/2023 and 30/09/2023 is +1.05 %.

01 September 2023	1 MAD = 0.0803 GBP
04 September 2023	1 MAD = 0.0798 GBP
05 September 2023	1 MAD = 0.0803 GBP
06 September 2023	1 MAD = 0.0806 GBP
07 September 2023	1 MAD = 0.0785 GBP
08 September 2023	1 MAD = 0.0789 GBP
11 September 2023	1 MAD = 0.0811 GBP
12 September 2023	1 MAD = 0.0811 GBP
13 September 2023	1 MAD = 0.0789 GBP
14 September 2023	1 MAD = 0.0790 GBP
15 September 2023	1 MAD = 0.0786 GBP
18 September 2023	1 MAD = 0.0812 GBP
19 September 2023	1 MAD = 0.0786 GBP
20 September 2023	1 MAD = 0.0787 GBP
21 September 2023	1 MAD = 0.0790 GBP
22 September 2023	1 MAD = 0.0791 GBP
25 September 2023	1 MAD = 0.0820 GBP
26 September 2023	1 MAD = 0.0797 GBP
27 September 2023	1 MAD = 0.0802 GBP
28 September 2023	1 MAD = 0.0798 GBP
29 September 2023	1 MAD = 0.0794 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.

Historic Moroccan dirham Pound sterling