Historic Moroccan dirham Arab Emirates Dirham

Moroccan dirham arab emirates dirham history for February 2024. The highest quote for this month is 0.37757 (13/02/2024) and the lowest 0.37985 (02/02/2024). The difference between high and low is -0.6.

MAD AED average rate for February 2024 is 0.36828, the change between 01/02/2024 and 29/02/2024 is -1.98 %.

01 February 20241 MAD = 0.3673 AED
02 February 20241 MAD = 0.3671 AED
03 February 20241 MAD = 0.3660 AED
04 February 20241 MAD = 0.3659 AED
05 February 20241 MAD = 0.3761 AED
06 February 20241 MAD = 0.3764 AED
07 February 20241 MAD = 0.3647 AED
08 February 20241 MAD = 0.3650 AED
09 February 20241 MAD = 0.3657 AED
11 February 20241 MAD = 0.3671 AED
12 February 20241 MAD = 0.3785 AED
13 February 20241 MAD = 0.3659 AED
14 February 20241 MAD = 0.3648 AED
15 February 20241 MAD = 0.3646 AED
16 February 20241 MAD = 0.3652 AED
17 February 20241 MAD = 0.3650 AED
18 February 20241 MAD = 0.3650 AED
19 February 20241 MAD = 0.3767 AED
20 February 20241 MAD = 0.3759 AED
21 February 20241 MAD = 0.3644 AED
22 February 20241 MAD = 0.3644 AED
23 February 20241 MAD = 0.3653 AED
24 February 20241 MAD = 0.3654 AED
25 February 20241 MAD = 0.3653 AED
26 February 20241 MAD = 0.3780 AED
27 February 20241 MAD = 0.3665 AED
28 February 20241 MAD = 0.3651 AED
29 February 20241 MAD = 0.3746 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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

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