Historic Moroccan dirham New Zealand Dollar

Moroccan dirham new zealand dollar history for January 2024. The highest quote for this month is 0.17003 (24/01/2024) and the lowest 0.16961 (23/01/2024). The difference between high and low is 0.25.

MAD NZD average rate for January 2024 is 0.16416, the change between 01/01/2024 and 31/01/2024 is +0.99 %.

01 January 20241 MAD = 0.1647 NZD
02 January 20241 MAD = 0.1646 NZD
03 January 20241 MAD = 0.1612 NZD
04 January 20241 MAD = 0.1611 NZD
05 January 20241 MAD = 0.1622 NZD
06 January 20241 MAD = 0.1611 NZD
07 January 20241 MAD = 0.1613 NZD
08 January 20241 MAD = 0.1666 NZD
09 January 20241 MAD = 0.1611 NZD
10 January 20241 MAD = 0.1663 NZD
11 January 20241 MAD = 0.1614 NZD
12 January 20241 MAD = 0.1611 NZD
14 January 20241 MAD = 0.1610 NZD
15 January 20241 MAD = 0.1665 NZD
16 January 20241 MAD = 0.1677 NZD
17 January 20241 MAD = 0.1682 NZD
18 January 20241 MAD = 0.1638 NZD
19 January 20241 MAD = 0.1636 NZD
22 January 20241 MAD = 0.1698 NZD
23 January 20241 MAD = 0.1656 NZD
24 January 20241 MAD = 0.1642 NZD
25 January 20241 MAD = 0.1645 NZD
26 January 20241 MAD = 0.1640 NZD
27 January 20241 MAD = 0.1650 NZD
28 January 20241 MAD = 0.1645 NZD
29 January 20241 MAD = 0.1700 NZD
30 January 20241 MAD = 0.1627 NZD
31 January 20241 MAD = 0.1630 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.