Moroccan dirham iraqi dinar exchange rate history (MAD IQD) October 2023

Moroccan dirham iraqi dinar history for October 2023. The highest quote for this month is 130.97 (24/10/2023) and the lowest 129.74 (13/10/2023). The difference between high and low is 0.94.

MAD IQD average rate for October 2023 is 127.64704, the change between 01/10/2023 and 31/10/2023 is +0.02 %.

01 October 2023	1 MAD = 127.3 IQD
02 October 2023	1 MAD = 129.0 IQD
03 October 2023	1 MAD = 126.8 IQD
04 October 2023	1 MAD = 126.7 IQD
05 October 2023	1 MAD = 127.0 IQD
06 October 2023	1 MAD = 127.8 IQD
07 October 2023	1 MAD = 127.5 IQD
09 October 2023	1 MAD = 129.3 IQD
10 October 2023	1 MAD = 127.6 IQD
11 October 2023	1 MAD = 127.4 IQD
12 October 2023	1 MAD = 127.8 IQD
13 October 2023	1 MAD = 127.7 IQD
16 October 2023	1 MAD = 129.7 IQD
17 October 2023	1 MAD = 127.5 IQD
18 October 2023	1 MAD = 127.6 IQD
19 October 2023	1 MAD = 128.9 IQD
20 October 2023	1 MAD = 127.0 IQD
21 October 2023	1 MAD = 126.8 IQD
22 October 2023	1 MAD = 126.8 IQD
23 October 2023	1 MAD = 128.5 IQD
24 October 2023	1 MAD = 126.7 IQD
25 October 2023	1 MAD = 127.0 IQD
26 October 2023	1 MAD = 127.5 IQD
27 October 2023	1 MAD = 127.5 IQD
29 October 2023	1 MAD = 127.5 IQD
30 October 2023	1 MAD = 128.5 IQD
31 October 2023	1 MAD = 127.2 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

01/05/1999: Introduction of the third dirham

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

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

Historic Moroccan dirham Iraqi dinar