Historic Moroccan dirham Arab Emirates Dirham

Moroccan dirham arab emirates dirham history for January 2024. The highest quote for this month is 0.38179 (04/01/2024) and the lowest 0.38417 (05/01/2024). The difference between high and low is -0.62.

MAD AED average rate for January 2024 is 0.37294, the change between 01/01/2024 and 31/01/2024 is +3.94 %.

01 January 20241 MAD = 0.3821 AED
02 January 20241 MAD = 0.3818 AED
03 January 20241 MAD = 0.3699 AED
04 January 20241 MAD = 0.3699 AED
05 January 20241 MAD = 0.3711 AED
06 January 20241 MAD = 0.3692 AED
07 January 20241 MAD = 0.3703 AED
08 January 20241 MAD = 0.3821 AED
09 January 20241 MAD = 0.3699 AED
10 January 20241 MAD = 0.3808 AED
11 January 20241 MAD = 0.3692 AED
12 January 20241 MAD = 0.3692 AED
14 January 20241 MAD = 0.3692 AED
15 January 20241 MAD = 0.3811 AED
16 January 20241 MAD = 0.3811 AED
17 January 20241 MAD = 0.3793 AED
18 January 20241 MAD = 0.3676 AED
19 January 20241 MAD = 0.3676 AED
22 January 20241 MAD = 0.3814 AED
23 January 20241 MAD = 0.3694 AED
24 January 20241 MAD = 0.3679 AED
25 January 20241 MAD = 0.3689 AED
26 January 20241 MAD = 0.3680 AED
28 January 20241 MAD = 0.3683 AED
29 January 20241 MAD = 0.3804 AED
30 January 20241 MAD = 0.3665 AED
31 January 20241 MAD = 0.3671 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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