Historic Moroccan dirham Mauritian Rupee

Moroccan dirham mauritian rupee history for February 2024. The highest quote for this month is 4.725 (19/02/2024) and the lowest 4.6464 (17/02/2024). The difference between high and low is 1.66.

MAD MUR average rate for February 2024 is 4.50886, the change between 01/02/2024 and 29/02/2024 is -1.52 %.

01 February 20241 MAD = 4.396 MUR
02 February 20241 MAD = 4.393 MUR
03 February 20241 MAD = 4.536 MUR
04 February 20241 MAD = 4.569 MUR
05 February 20241 MAD = 4.594 MUR
06 February 20241 MAD = 4.542 MUR
07 February 20241 MAD = 4.494 MUR
08 February 20241 MAD = 4.417 MUR
09 February 20241 MAD = 4.467 MUR
12 February 20241 MAD = 4.594 MUR
13 February 20241 MAD = 4.382 MUR
14 February 20241 MAD = 4.495 MUR
15 February 20241 MAD = 4.553 MUR
16 February 20241 MAD = 4.443 MUR
17 February 20241 MAD = 4.646 MUR
18 February 20241 MAD = 4.646 MUR
19 February 20241 MAD = 4.796 MUR
20 February 20241 MAD = 4.569 MUR
21 February 20241 MAD = 4.444 MUR
22 February 20241 MAD = 4.405 MUR
23 February 20241 MAD = 4.453 MUR
24 February 20241 MAD = 4.523 MUR
25 February 20241 MAD = 4.523 MUR
26 February 20241 MAD = 4.566 MUR
27 February 20241 MAD = 4.424 MUR
28 February 20241 MAD = 4.406 MUR
29 February 20241 MAD = 4.463 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.