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

Moroccan dirham new zealand dollar history for December 2023. The highest quote for this month is 0.16648 (13/12/2023) and the lowest 0.16591 (11/12/2023). The difference between high and low is 0.34.

MAD NZD average rate for December 2023 is 0.16156, the change between 01/12/2023 and 31/12/2023 is +3.62 %.

01 December 2023	1 MAD = 0.1664 NZD
02 December 2023	1 MAD = 0.1597 NZD
03 December 2023	1 MAD = 0.1600 NZD
04 December 2023	1 MAD = 0.1648 NZD
05 December 2023	1 MAD = 0.1610 NZD
06 December 2023	1 MAD = 0.1615 NZD
07 December 2023	1 MAD = 0.1613 NZD
08 December 2023	1 MAD = 0.1605 NZD
10 December 2023	1 MAD = 0.1607 NZD
11 December 2023	1 MAD = 0.1661 NZD
12 December 2023	1 MAD = 0.1657 NZD
13 December 2023	1 MAD = 0.1656 NZD
14 December 2023	1 MAD = 0.1585 NZD
15 December 2023	1 MAD = 0.1597 NZD
16 December 2023	1 MAD = 0.1592 NZD
17 December 2023	1 MAD = 0.1592 NZD
18 December 2023	1 MAD = 0.1637 NZD
19 December 2023	1 MAD = 0.1642 NZD
20 December 2023	1 MAD = 0.1579 NZD
21 December 2023	1 MAD = 0.1593 NZD
22 December 2023	1 MAD = 0.1596 NZD
23 December 2023	1 MAD = 0.1602 NZD
24 December 2023	1 MAD = 0.1601 NZD
25 December 2023	1 MAD = 0.1650 NZD
26 December 2023	1 MAD = 0.1653 NZD
27 December 2023	1 MAD = 0.1594 NZD
28 December 2023	1 MAD = 0.1608 NZD
29 December 2023	1 MAD = 0.1597 NZD
31 December 2023	1 MAD = 0.1603 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