Moroccan dirham arab emirates dirham exchange rate history (MAD AED) October 2023

Moroccan dirham arab emirates dirham history for October 2023. The highest quote for this month is 0.37034 (11/10/2023) and the lowest 0.37303 (12/10/2023). The difference between high and low is -0.73.

MAD AED average rate for October 2023 is 0.36056, the change between 01/10/2023 and 31/10/2023 is -0.02 %.

01 October 2023	1 MAD = 0.3571 AED
02 October 2023	1 MAD = 0.3690 AED
03 October 2023	1 MAD = 0.3559 AED
04 October 2023	1 MAD = 0.3556 AED
05 October 2023	1 MAD = 0.3565 AED
06 October 2023	1 MAD = 0.3673 AED
07 October 2023	1 MAD = 0.3578 AED
09 October 2023	1 MAD = 0.3722 AED
10 October 2023	1 MAD = 0.3656 AED
11 October 2023	1 MAD = 0.3580 AED
12 October 2023	1 MAD = 0.3587 AED
13 October 2023	1 MAD = 0.3584 AED
16 October 2023	1 MAD = 0.3714 AED
17 October 2023	1 MAD = 0.3582 AED
18 October 2023	1 MAD = 0.3587 AED
19 October 2023	1 MAD = 0.3692 AED
20 October 2023	1 MAD = 0.3565 AED
21 October 2023	1 MAD = 0.3558 AED
22 October 2023	1 MAD = 0.3558 AED
23 October 2023	1 MAD = 0.3690 AED
24 October 2023	1 MAD = 0.3558 AED
25 October 2023	1 MAD = 0.3567 AED
26 October 2023	1 MAD = 0.3580 AED
27 October 2023	1 MAD = 0.3580 AED
28 October 2023	1 MAD = 0.3571 AED
29 October 2023	1 MAD = 0.3576 AED
30 October 2023	1 MAD = 0.3690 AED
31 October 2023	1 MAD = 0.3572 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.

Historic Moroccan dirham Arab Emirates Dirham