Historic Moroccan dirham New Zealand Dollar

Moroccan dirham new zealand dollar history for February 2024. The highest quote for this month is 0.16977 (13/02/2024) and the lowest 0.1687 (06/02/2024). The difference between high and low is 0.63.

MAD NZD average rate for February 2024 is 0.16364, the change between 01/02/2024 and 29/02/2024 is -2.23 %.

01 February 20241 MAD = 0.1637 NZD
02 February 20241 MAD = 0.1627 NZD
03 February 20241 MAD = 0.1643 NZD
04 February 20241 MAD = 0.1642 NZD
05 February 20241 MAD = 0.1689 NZD
06 February 20241 MAD = 0.1693 NZD
07 February 20241 MAD = 0.1628 NZD
08 February 20241 MAD = 0.1627 NZD
09 February 20241 MAD = 0.1630 NZD
11 February 20241 MAD = 0.1627 NZD
12 February 20241 MAD = 0.1677 NZD
13 February 20241 MAD = 0.1626 NZD
14 February 20241 MAD = 0.1640 NZD
15 February 20241 MAD = 0.1631 NZD
16 February 20241 MAD = 0.1627 NZD
17 February 20241 MAD = 0.1622 NZD
18 February 20241 MAD = 0.1622 NZD
19 February 20241 MAD = 0.1672 NZD
20 February 20241 MAD = 0.1667 NZD
21 February 20241 MAD = 0.1608 NZD
22 February 20241 MAD = 0.1606 NZD
23 February 20241 MAD = 0.1606 NZD
24 February 20241 MAD = 0.1605 NZD
25 February 20241 MAD = 0.1604 NZD
26 February 20241 MAD = 0.1663 NZD
27 February 20241 MAD = 0.1619 NZD
28 February 20241 MAD = 0.1611 NZD
29 February 20241 MAD = 0.1673 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.
MAD NZD July 2023
MAD NZD August 2023
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MAD NZD December 2023
MAD NZD January 2024
MAD NZD February 2024
MAD NZD March 2024
MAD NZD April 2024
MAD NZD May 2024
MAD NZD June 2024
MAD NZD July 2024