Historic Moroccan dirham Singapore dollar

Moroccan dirham singapore dollar history for August 2023. The highest quote for this month is 0.14325 (09/08/2023) and the lowest 0.14314 (09/08/2023). The difference between high and low is 0.08.

MAD SGD average rate for August 2023 is 0.13844, the change between 01/08/2023 and 31/08/2023 is -2.04 %.

01 August 20231 MAD = 0.1350 SGD
02 August 20231 MAD = 0.1354 SGD
03 August 20231 MAD = 0.1396 SGD
04 August 20231 MAD = 0.1365 SGD
07 August 20231 MAD = 0.1431 SGD
08 August 20231 MAD = 0.1407 SGD
09 August 20231 MAD = 0.1436 SGD
10 August 20231 MAD = 0.1430 SGD
11 August 20231 MAD = 0.1424 SGD
12 August 20231 MAD = 0.1370 SGD
14 August 20231 MAD = 0.1425 SGD
15 August 20231 MAD = 0.1375 SGD
16 August 20231 MAD = 0.1376 SGD
17 August 20231 MAD = 0.1375 SGD
18 August 20231 MAD = 0.1368 SGD
20 August 20231 MAD = 0.1359 SGD
21 August 20231 MAD = 0.1425 SGD
22 August 20231 MAD = 0.1362 SGD
23 August 20231 MAD = 0.1359 SGD
24 August 20231 MAD = 0.1353 SGD
25 August 20231 MAD = 0.1351 SGD
28 August 20231 MAD = 0.1395 SGD
29 August 20231 MAD = 0.1375 SGD
30 August 20231 MAD = 0.1374 SGD
31 August 20231 MAD = 0.1378 SGD

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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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

The Moroccan franc was introduced as the official currency of Morocco.
MAD SGD July 2023
MAD SGD August 2023
MAD SGD September 2023
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