Historic Moroccan dirham Somali shilling

Moroccan dirham somali shilling history for October 2023. The highest quote for this month is 57.106 (18/10/2023) and the lowest 57.803 (12/10/2023). The difference between high and low is -1.22.

MAD SOS average rate for October 2023 is 55.88732, the change between 01/10/2023 and 31/10/2023 is +2.84 %.

02 October 20231 MAD = 56.86 SOS
03 October 20231 MAD = 54.86 SOS
04 October 20231 MAD = 54.81 SOS
05 October 20231 MAD = 54.95 SOS
06 October 20231 MAD = 56.61 SOS
09 October 20231 MAD = 57.36 SOS
10 October 20231 MAD = 56.35 SOS
11 October 20231 MAD = 55.18 SOS
12 October 20231 MAD = 55.84 SOS
13 October 20231 MAD = 55.79 SOS
16 October 20231 MAD = 57.44 SOS
17 October 20231 MAD = 55.42 SOS
18 October 20231 MAD = 55.47 SOS
19 October 20231 MAD = 57.11 SOS
20 October 20231 MAD = 55.15 SOS
23 October 20231 MAD = 57.07 SOS
24 October 20231 MAD = 55.04 SOS
25 October 20231 MAD = 55.17 SOS
26 October 20231 MAD = 55.37 SOS
27 October 20231 MAD = 55.37 SOS
30 October 20231 MAD = 57.07 SOS
31 October 20231 MAD = 55.25 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.