Historic Moroccan dirham Hungarian forint

Moroccan dirham hungarian forint history for February 2024. The highest quote for this month is 37.255 (13/02/2024) and the lowest 37.087 (16/02/2024). The difference between high and low is 0.45.

MAD HUF average rate for February 2024 is 35.99007, the change between 01/02/2024 and 29/02/2024 is -4.24 %.

01 February 20241 MAD = 35.50 HUF
02 February 20241 MAD = 35.18 HUF
03 February 20241 MAD = 35.44 HUF
04 February 20241 MAD = 35.44 HUF
05 February 20241 MAD = 36.43 HUF
06 February 20241 MAD = 36.87 HUF
07 February 20241 MAD = 35.66 HUF
08 February 20241 MAD = 35.81 HUF
09 February 20241 MAD = 35.90 HUF
11 February 20241 MAD = 35.90 HUF
12 February 20241 MAD = 36.93 HUF
13 February 20241 MAD = 35.77 HUF
14 February 20241 MAD = 35.90 HUF
15 February 20241 MAD = 35.95 HUF
16 February 20241 MAD = 35.91 HUF
17 February 20241 MAD = 35.85 HUF
18 February 20241 MAD = 35.83 HUF
19 February 20241 MAD = 36.93 HUF
20 February 20241 MAD = 36.90 HUF
21 February 20241 MAD = 35.54 HUF
22 February 20241 MAD = 35.50 HUF
23 February 20241 MAD = 35.56 HUF
24 February 20241 MAD = 35.72 HUF
25 February 20241 MAD = 35.70 HUF
26 February 20241 MAD = 36.96 HUF
27 February 20241 MAD = 35.81 HUF
28 February 20241 MAD = 35.83 HUF
29 February 20241 MAD = 37.01 HUF

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.

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

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.

01/05/2004: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.

01/05/1999: Introduction of the third dirham

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

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.

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.

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

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

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.
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