Moroccan dirham namibian dollar exchange rate history (MAD NAD) October 2023

Moroccan dirham namibian dollar history for October 2023. The highest quote for this month is 2.0222 (27/10/2023) and the lowest 2.027 (27/10/2023). The difference between high and low is -0.24.

MAD NAD average rate for October 2023 is 1.88687, the change between 01/10/2023 and 31/10/2023 is -6.83 %.

01 October 2023	1 MAD = 1.838 NAD
02 October 2023	1 MAD = 1.900 NAD
03 October 2023	1 MAD = 1.861 NAD
05 October 2023	1 MAD = 1.876 NAD
06 October 2023	1 MAD = 1.932 NAD
09 October 2023	1 MAD = 1.975 NAD
10 October 2023	1 MAD = 1.940 NAD
11 October 2023	1 MAD = 1.900 NAD
12 October 2023	1 MAD = 1.838 NAD
13 October 2023	1 MAD = 1.836 NAD
16 October 2023	1 MAD = 1.917 NAD
17 October 2023	1 MAD = 1.830 NAD
18 October 2023	1 MAD = 1.832 NAD
19 October 2023	1 MAD = 1.890 NAD
20 October 2023	1 MAD = 1.838 NAD
21 October 2023	1 MAD = 1.834 NAD
22 October 2023	1 MAD = 1.839 NAD
23 October 2023	1 MAD = 1.908 NAD
24 October 2023	1 MAD = 1.840 NAD
25 October 2023	1 MAD = 1.845 NAD
26 October 2023	1 MAD = 1.968 NAD
27 October 2023	1 MAD = 1.968 NAD
28 October 2023	1 MAD = 1.829 NAD
29 October 2023	1 MAD = 1.832 NAD
30 October 2023	1 MAD = 2.029 NAD
31 October 2023	1 MAD = 1.964 NAD

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

02/06/2014: Introduction of the fourth dirham

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

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

01/05/1999: Introduction of the third dirham

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

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

12/12/1980: Introduction of the second dirham

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

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.

Historic Moroccan dirham Namibian dollar