Historic Moroccan dirham Hong Kong dollar

Moroccan dirham hong kong dollar history for January 2024. The highest quote for this month is 0.81262 (01/01/2024) and the lowest 0.81692 (05/01/2024). The difference between high and low is -0.53.

MAD HKD average rate for January 2024 is 0.79349, the change between 01/01/2024 and 31/01/2024 is +3.82 %.

01 January 20241 MAD = 0.8125 HKD
02 January 20241 MAD = 0.8120 HKD
03 January 20241 MAD = 0.7872 HKD
04 January 20241 MAD = 0.7865 HKD
05 January 20241 MAD = 0.7892 HKD
06 January 20241 MAD = 0.7854 HKD
07 January 20241 MAD = 0.7877 HKD
08 January 20241 MAD = 0.8129 HKD
09 January 20241 MAD = 0.7863 HKD
10 January 20241 MAD = 0.8106 HKD
11 January 20241 MAD = 0.7862 HKD
12 January 20241 MAD = 0.7860 HKD
14 January 20241 MAD = 0.7864 HKD
15 January 20241 MAD = 0.8115 HKD
16 January 20241 MAD = 0.8119 HKD
17 January 20241 MAD = 0.8085 HKD
18 January 20241 MAD = 0.7832 HKD
19 January 20241 MAD = 0.7831 HKD
22 January 20241 MAD = 0.8120 HKD
23 January 20241 MAD = 0.7865 HKD
24 January 20241 MAD = 0.7837 HKD
25 January 20241 MAD = 0.7854 HKD
26 January 20241 MAD = 0.7834 HKD
27 January 20241 MAD = 0.7853 HKD
28 January 20241 MAD = 0.7836 HKD
29 January 20241 MAD = 0.8094 HKD
30 January 20241 MAD = 0.7798 HKD
31 January 20241 MAD = 0.7815 HKD

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.

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

01/05/1999: Introduction of the third dirham

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

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

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.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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

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

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.
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