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

Moroccan dirham new zealand dollar history for November 2023. The highest quote for this month is 0.17323 (01/11/2023) and the lowest 0.1712 (01/11/2023). The difference between high and low is 1.17.

MAD NZD average rate for November 2023 is 0.16581, the change between 01/11/2023 and 30/11/2023 is +3.4 %.

01 November 2023	1 MAD = 0.1675 NZD
02 November 2023	1 MAD = 0.1650 NZD
03 November 2023	1 MAD = 0.1708 NZD
06 November 2023	1 MAD = 0.1687 NZD
07 November 2023	1 MAD = 0.1643 NZD
08 November 2023	1 MAD = 0.1647 NZD
09 November 2023	1 MAD = 0.1661 NZD
10 November 2023	1 MAD = 0.1661 NZD
12 November 2023	1 MAD = 0.1659 NZD
13 November 2023	1 MAD = 0.1716 NZD
14 November 2023	1 MAD = 0.1664 NZD
15 November 2023	1 MAD = 0.1643 NZD
16 November 2023	1 MAD = 0.1634 NZD
17 November 2023	1 MAD = 0.1651 NZD
18 November 2023	1 MAD = 0.1643 NZD
19 November 2023	1 MAD = 0.1644 NZD
20 November 2023	1 MAD = 0.1705 NZD
21 November 2023	1 MAD = 0.1634 NZD
22 November 2023	1 MAD = 0.1631 NZD
23 November 2023	1 MAD = 0.1692 NZD
24 November 2023	1 MAD = 0.1684 NZD
26 November 2023	1 MAD = 0.1630 NZD
27 November 2023	1 MAD = 0.1683 NZD
28 November 2023	1 MAD = 0.1625 NZD
29 November 2023	1 MAD = 0.1621 NZD
30 November 2023	1 MAD = 0.1618 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