Historic Moroccan dirham Mauritian Rupee

Moroccan dirham mauritian rupee history for January 2024. The highest quote for this month is 4.6302 (17/01/2024) and the lowest 4.5726 (28/01/2024). The difference between high and low is 1.24.

MAD MUR average rate for January 2024 is 4.4395, the change between 01/01/2024 and 31/01/2024 is +3.69 %.

01 January 20241 MAD = 4.512 MUR
02 January 20241 MAD = 4.502 MUR
03 January 20241 MAD = 4.334 MUR
04 January 20241 MAD = 4.305 MUR
05 January 20241 MAD = 4.421 MUR
06 January 20241 MAD = 4.446 MUR
07 January 20241 MAD = 4.487 MUR
08 January 20241 MAD = 4.527 MUR
09 January 20241 MAD = 4.390 MUR
10 January 20241 MAD = 4.583 MUR
11 January 20241 MAD = 4.342 MUR
12 January 20241 MAD = 4.464 MUR
14 January 20241 MAD = 4.428 MUR
15 January 20241 MAD = 4.500 MUR
16 January 20241 MAD = 4.614 MUR
17 January 20241 MAD = 4.552 MUR
18 January 20241 MAD = 4.340 MUR
19 January 20241 MAD = 4.301 MUR
22 January 20241 MAD = 4.467 MUR
23 January 20241 MAD = 4.322 MUR
24 January 20241 MAD = 4.306 MUR
25 January 20241 MAD = 4.371 MUR
26 January 20241 MAD = 4.360 MUR
28 January 20241 MAD = 4.563 MUR
29 January 20241 MAD = 4.605 MUR
30 January 20241 MAD = 4.479 MUR
31 January 20241 MAD = 4.345 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.