Historic Moroccan dirham Mauritian Rupee

Moroccan dirham mauritian rupee history for December 2023. The highest quote for this month is 4.5048 (29/12/2023) and the lowest 4.5031 (27/12/2023). The difference between high and low is 0.04.

MAD MUR average rate for December 2023 is 4.34849, the change between 01/12/2023 and 31/12/2023 is +1.66 %.

01 December 20231 MAD = 4.377 MUR
02 December 20231 MAD = 4.369 MUR
03 December 20231 MAD = 4.368 MUR
04 December 20231 MAD = 4.399 MUR
05 December 20231 MAD = 4.290 MUR
06 December 20231 MAD = 4.246 MUR
07 December 20231 MAD = 4.231 MUR
08 December 20231 MAD = 4.227 MUR
10 December 20231 MAD = 4.327 MUR
11 December 20231 MAD = 4.415 MUR
12 December 20231 MAD = 4.372 MUR
13 December 20231 MAD = 4.389 MUR
14 December 20231 MAD = 4.284 MUR
15 December 20231 MAD = 4.265 MUR
16 December 20231 MAD = 4.337 MUR
17 December 20231 MAD = 4.337 MUR
18 December 20231 MAD = 4.350 MUR
19 December 20231 MAD = 4.449 MUR
20 December 20231 MAD = 4.273 MUR
21 December 20231 MAD = 4.278 MUR
22 December 20231 MAD = 4.317 MUR
23 December 20231 MAD = 4.423 MUR
24 December 20231 MAD = 4.422 MUR
25 December 20231 MAD = 4.446 MUR
26 December 20231 MAD = 4.472 MUR
27 December 20231 MAD = 4.337 MUR
28 December 20231 MAD = 4.456 MUR
29 December 20231 MAD = 4.304 MUR

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.

15/02/2013: Launch of New MUR Banknotes

New series of Mauritian Rupee banknotes were launched, featuring enhanced security features and updated designs, reflecting the rich cultural heritage of Mauritius.

08/09/2007: Currency Reform and New Coinage System

A currency reform was implemented, introducing new coins denominated in cents, with the aim of streamlining and modernizing the monetary system.

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.

03/08/1999: Establishment of Bank of Mauritius

Bank of Mauritius Act was enacted, establishing the central bank responsible for the formulation and implementation of monetary policy in the country.

01/05/1999: Introduction of the third dirham

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

01/07/1994: Conversion to Decimal Currency System

Mauritian Rupee adopted the decimal currency system, replacing the previous pound-based system, with 1 Rupee consisting of 100 cents.

01/07/1992: Introduction of Polymer Banknotes

Polymer-based banknotes were introduced in Mauritius, replacing the traditional paper notes, to improve durability and security against counterfeiting.

12/12/1980: Introduction of the second dirham

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

01/10/1979: Decentralization of Currency Printing

Printing of Mauritian Rupee banknotes was decentralized from the Bank of England to Mauritius, leading to enhanced national monetary control.

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 Mauritian Rupee

Mauritian Rupee was introduced as the official currency replacing the Mauritian Pound, with an initial exchange rate of 1 Rupee to 10 Shillings.

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

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