Historic Moroccan dirham Singapore dollar

Moroccan dirham singapore dollar history for December 2023. The highest quote for this month is 0.13856 (25/12/2023) and the lowest 0.13879 (28/12/2023). The difference between high and low is -0.17.

MAD SGD average rate for December 2023 is 0.13389, the change between 01/12/2023 and 31/12/2023 is +2.29 %.

01 December 20231 MAD = 0.1370 SGD
02 December 20231 MAD = 0.1323 SGD
03 December 20231 MAD = 0.1323 SGD
04 December 20231 MAD = 0.1365 SGD
05 December 20231 MAD = 0.1327 SGD
06 December 20231 MAD = 0.1328 SGD
07 December 20231 MAD = 0.1329 SGD
08 December 20231 MAD = 0.1325 SGD
10 December 20231 MAD = 0.1319 SGD
11 December 20231 MAD = 0.1364 SGD
12 December 20231 MAD = 0.1363 SGD
13 December 20231 MAD = 0.1363 SGD
14 December 20231 MAD = 0.1308 SGD
15 December 20231 MAD = 0.1318 SGD
16 December 20231 MAD = 0.1317 SGD
17 December 20231 MAD = 0.1317 SGD
18 December 20231 MAD = 0.1356 SGD
19 December 20231 MAD = 0.1359 SGD
20 December 20231 MAD = 0.1315 SGD
21 December 20231 MAD = 0.1326 SGD
22 December 20231 MAD = 0.1332 SGD
23 December 20231 MAD = 0.1335 SGD
24 December 20231 MAD = 0.1335 SGD
25 December 20231 MAD = 0.1379 SGD
26 December 20231 MAD = 0.1380 SGD
27 December 20231 MAD = 0.1335 SGD
28 December 20231 MAD = 0.1347 SGD
29 December 20231 MAD = 0.1335 SGD
31 December 20231 MAD = 0.1338 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.