Moroccan dirham hong kong dollar exchange rate history (MAD HKD) October 2023

Moroccan dirham hong kong dollar history for October 2023. The highest quote for this month is 0.78873 (11/10/2023) and the lowest 0.79422 (12/10/2023). The difference between high and low is -0.7.

MAD HKD average rate for October 2023 is 0.76832, the change between 01/10/2023 and 31/10/2023 is +0.09 %.

01 October 2023	1 MAD = 0.7614 HKD
02 October 2023	1 MAD = 0.7868 HKD
03 October 2023	1 MAD = 0.7591 HKD
04 October 2023	1 MAD = 0.7585 HKD
05 October 2023	1 MAD = 0.7600 HKD
06 October 2023	1 MAD = 0.7832 HKD
07 October 2023	1 MAD = 0.7630 HKD
09 October 2023	1 MAD = 0.7936 HKD
10 October 2023	1 MAD = 0.7794 HKD
11 October 2023	1 MAD = 0.7623 HKD
12 October 2023	1 MAD = 0.7639 HKD
13 October 2023	1 MAD = 0.7637 HKD
16 October 2023	1 MAD = 0.7911 HKD
17 October 2023	1 MAD = 0.7627 HKD
18 October 2023	1 MAD = 0.7641 HKD
19 October 2023	1 MAD = 0.7871 HKD
20 October 2023	1 MAD = 0.7596 HKD
21 October 2023	1 MAD = 0.7578 HKD
22 October 2023	1 MAD = 0.7578 HKD
23 October 2023	1 MAD = 0.7862 HKD
24 October 2023	1 MAD = 0.7581 HKD
25 October 2023	1 MAD = 0.7599 HKD
26 October 2023	1 MAD = 0.7625 HKD
27 October 2023	1 MAD = 0.7624 HKD
28 October 2023	1 MAD = 0.7606 HKD
29 October 2023	1 MAD = 0.7616 HKD
30 October 2023	1 MAD = 0.7859 HKD
31 October 2023	1 MAD = 0.7607 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.

Historic Moroccan dirham Hong Kong dollar