Historic Moroccan dirham Malaysian ringgit

Moroccan dirham malaysian ringgit history for February 2024. The highest quote for this month is 0.49121 (22/02/2024) and the lowest 0.49132 (21/02/2024). The difference between high and low is -0.02.

MAD MYR average rate for February 2024 is 0.47769, the change between 01/02/2024 and 29/02/2024 is -2.84 %.

01 February 20241 MAD = 0.4728 MYR
02 February 20241 MAD = 0.4724 MYR
03 February 20241 MAD = 0.4699 MYR
04 February 20241 MAD = 0.4698 MYR
05 February 20241 MAD = 0.4830 MYR
06 February 20241 MAD = 0.4866 MYR
07 February 20241 MAD = 0.4730 MYR
08 February 20241 MAD = 0.4731 MYR
09 February 20241 MAD = 0.4748 MYR
12 February 20241 MAD = 0.4909 MYR
13 February 20241 MAD = 0.4746 MYR
14 February 20241 MAD = 0.4733 MYR
15 February 20241 MAD = 0.4750 MYR
16 February 20241 MAD = 0.4752 MYR
17 February 20241 MAD = 0.4749 MYR
18 February 20241 MAD = 0.4749 MYR
19 February 20241 MAD = 0.4901 MYR
20 February 20241 MAD = 0.4899 MYR
21 February 20241 MAD = 0.4758 MYR
22 February 20241 MAD = 0.4756 MYR
23 February 20241 MAD = 0.4749 MYR
24 February 20241 MAD = 0.4750 MYR
25 February 20241 MAD = 0.4750 MYR
26 February 20241 MAD = 0.4912 MYR
27 February 20241 MAD = 0.4766 MYR
28 February 20241 MAD = 0.4732 MYR
29 February 20241 MAD = 0.4862 MYR

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.

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

01/05/1999: Introduction of the third dirham

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

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

12/12/1980: Introduction of the second dirham

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

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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

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