Moroccan dirham omani rial exchange rate history (MAD OMR) August 2023

Moroccan dirham omani rial history for August 2023. The highest quote for this month is 0.040764 (09/08/2023) and the lowest 0.040947 (07/08/2023). The difference between high and low is -0.45.

MAD OMR average rate for August 2023 is 0.03923, the change between 01/08/2023 and 31/08/2023 is -0.54 %.

01 August 2023	1 MAD = 0.0390 OMR
02 August 2023	1 MAD = 0.0389 OMR
03 August 2023	1 MAD = 0.0399 OMR
04 August 2023	1 MAD = 0.0391 OMR
07 August 2023	1 MAD = 0.0410 OMR
08 August 2023	1 MAD = 0.0403 OMR
09 August 2023	1 MAD = 0.0409 OMR
10 August 2023	1 MAD = 0.0408 OMR
11 August 2023	1 MAD = 0.0405 OMR
12 August 2023	1 MAD = 0.0390 OMR
14 August 2023	1 MAD = 0.0393 OMR
15 August 2023	1 MAD = 0.0389 OMR
16 August 2023	1 MAD = 0.0389 OMR
17 August 2023	1 MAD = 0.0388 OMR
18 August 2023	1 MAD = 0.0387 OMR
19 August 2023	1 MAD = 0.0386 OMR
20 August 2023	1 MAD = 0.0386 OMR
21 August 2023	1 MAD = 0.0390 OMR
22 August 2023	1 MAD = 0.0385 OMR
23 August 2023	1 MAD = 0.0384 OMR
24 August 2023	1 MAD = 0.0384 OMR
25 August 2023	1 MAD = 0.0382 OMR
28 August 2023	1 MAD = 0.0395 OMR
29 August 2023	1 MAD = 0.0389 OMR
30 August 2023	1 MAD = 0.0390 OMR
31 August 2023	1 MAD = 0.0392 OMR

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.

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

02/06/2014: Introduction of the fourth dirham

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

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

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

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

Historic Moroccan dirham Omani rial