Moroccan dirham new zealand dollar exchange rate history (MAD NZD) August 2023

Moroccan dirham new zealand dollar history for August 2023. The highest quote for this month is 0.17598 (11/08/2023) and the lowest 0.17686 (21/08/2023). The difference between high and low is -0.5.

MAD NZD average rate for August 2023 is 0.17095, the change between 01/08/2023 and 31/08/2023 is -4.8 %.

01 August 2023	1 MAD = 0.1636 NZD
02 August 2023	1 MAD = 0.1651 NZD
03 August 2023	1 MAD = 0.1710 NZD
04 August 2023	1 MAD = 0.1674 NZD
07 August 2023	1 MAD = 0.1751 NZD
08 August 2023	1 MAD = 0.1720 NZD
09 August 2023	1 MAD = 0.1759 NZD
10 August 2023	1 MAD = 0.1752 NZD
11 August 2023	1 MAD = 0.1755 NZD
12 August 2023	1 MAD = 0.1693 NZD
14 August 2023	1 MAD = 0.1759 NZD
15 August 2023	1 MAD = 0.1698 NZD
16 August 2023	1 MAD = 0.1700 NZD
17 August 2023	1 MAD = 0.1704 NZD
18 August 2023	1 MAD = 0.1700 NZD
20 August 2023	1 MAD = 0.1691 NZD
21 August 2023	1 MAD = 0.1772 NZD
22 August 2023	1 MAD = 0.1692 NZD
23 August 2023	1 MAD = 0.1685 NZD
24 August 2023	1 MAD = 0.1675 NZD
25 August 2023	1 MAD = 0.1683 NZD
28 August 2023	1 MAD = 0.1741 NZD
29 August 2023	1 MAD = 0.1717 NZD
30 August 2023	1 MAD = 0.1706 NZD
31 August 2023	1 MAD = 0.1715 NZD

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.

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

02/06/2014: Introduction of the fourth dirham

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

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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

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

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

Historic Moroccan dirham New Zealand Dollar