Moroccan dirham philippine peso exchange rate history (MAD PHP) October 2023

Moroccan dirham philippine peso history for October 2023. The highest quote for this month is 5.7305 (11/10/2023) and the lowest 5.7237 (11/10/2023). The difference between high and low is 0.12.

MAD PHP average rate for October 2023 is 5.57175, the change between 01/10/2023 and 31/10/2023 is -0.06 %.

01 October 2023	1 MAD = 5.51 PHP
02 October 2023	1 MAD = 5.70 PHP
03 October 2023	1 MAD = 5.50 PHP
04 October 2023	1 MAD = 5.50 PHP
05 October 2023	1 MAD = 5.50 PHP
06 October 2023	1 MAD = 5.66 PHP
07 October 2023	1 MAD = 5.52 PHP
09 October 2023	1 MAD = 5.74 PHP
10 October 2023	1 MAD = 5.66 PHP
11 October 2023	1 MAD = 5.54 PHP
12 October 2023	1 MAD = 5.52 PHP
13 October 2023	1 MAD = 5.54 PHP
16 October 2023	1 MAD = 5.74 PHP
17 October 2023	1 MAD = 5.52 PHP
18 October 2023	1 MAD = 5.53 PHP
19 October 2023	1 MAD = 5.71 PHP
20 October 2023	1 MAD = 5.51 PHP
21 October 2023	1 MAD = 5.50 PHP
22 October 2023	1 MAD = 5.50 PHP
23 October 2023	1 MAD = 5.70 PHP
24 October 2023	1 MAD = 5.49 PHP
25 October 2023	1 MAD = 5.51 PHP
26 October 2023	1 MAD = 5.53 PHP
27 October 2023	1 MAD = 5.55 PHP
28 October 2023	1 MAD = 5.54 PHP
29 October 2023	1 MAD = 5.55 PHP
30 October 2023	1 MAD = 5.71 PHP
31 October 2023	1 MAD = 5.52 PHP

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.

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.

01/05/1999: Introduction of the third dirham

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

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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

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

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

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.

Historic Moroccan dirham Philippine peso