Historic Moroccan dirham Somali shilling

Moroccan dirham somali shilling history for January 2024. The highest quote for this month is 59.045 (04/01/2024) and the lowest 59.429 (05/01/2024). The difference between high and low is -0.65.

MAD SOS average rate for January 2024 is 57.78704, the change between 01/01/2024 and 31/01/2024 is +3.94 %.

01 January 20241 MAD = 59.11 SOS
02 January 20241 MAD = 59.06 SOS
03 January 20241 MAD = 57.22 SOS
04 January 20241 MAD = 57.22 SOS
05 January 20241 MAD = 57.40 SOS
08 January 20241 MAD = 59.11 SOS
09 January 20241 MAD = 57.22 SOS
10 January 20241 MAD = 58.91 SOS
11 January 20241 MAD = 57.11 SOS
12 January 20241 MAD = 57.11 SOS
15 January 20241 MAD = 58.94 SOS
16 January 20241 MAD = 58.95 SOS
17 January 20241 MAD = 58.68 SOS
18 January 20241 MAD = 56.87 SOS
19 January 20241 MAD = 56.87 SOS
22 January 20241 MAD = 59.00 SOS
23 January 20241 MAD = 57.14 SOS
24 January 20241 MAD = 56.91 SOS
25 January 20241 MAD = 57.06 SOS
26 January 20241 MAD = 56.91 SOS
29 January 20241 MAD = 58.84 SOS
30 January 20241 MAD = 56.69 SOS
31 January 20241 MAD = 56.78 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.