Moroccan dirham somali shilling exchange rate history (MAD SOS) August 2023

Moroccan dirham somali shilling history for August 2023. The highest quote for this month is 60.122 (09/08/2023) and the lowest 60.314 (07/08/2023). The difference between high and low is -0.32.

MAD SOS average rate for August 2023 is 58.07548, the change between 01/08/2023 and 31/08/2023 is -0.54 %.

01 August 2023	1 MAD = 57.37 SOS
02 August 2023	1 MAD = 57.30 SOS
03 August 2023	1 MAD = 58.80 SOS
04 August 2023	1 MAD = 57.64 SOS
07 August 2023	1 MAD = 60.45 SOS
08 August 2023	1 MAD = 59.43 SOS
09 August 2023	1 MAD = 60.31 SOS
10 August 2023	1 MAD = 60.12 SOS
11 August 2023	1 MAD = 59.74 SOS
14 August 2023	1 MAD = 59.59 SOS
15 August 2023	1 MAD = 57.40 SOS
16 August 2023	1 MAD = 57.33 SOS
17 August 2023	1 MAD = 57.09 SOS
18 August 2023	1 MAD = 56.93 SOS
21 August 2023	1 MAD = 59.35 SOS
22 August 2023	1 MAD = 56.79 SOS
23 August 2023	1 MAD = 56.65 SOS
24 August 2023	1 MAD = 56.55 SOS
25 August 2023	1 MAD = 56.28 SOS
28 August 2023	1 MAD = 58.14 SOS
29 August 2023	1 MAD = 57.31 SOS
30 August 2023	1 MAD = 57.51 SOS
31 August 2023	1 MAD = 57.68 SOS

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.

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

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