Historic Moroccan dirham United States dollar

Moroccan dirham united states dollar history for August 2023. The highest quote for this month is 0.10555 (10/08/2023) and the lowest 0.10675 (07/08/2023). The difference between high and low is -1.14.

MAD USD average rate for August 2023 is 0.10321, the change between 01/08/2023 and 31/08/2023 is -1.34 %.

01 August 20231 MAD = 0.1015 USD
04 August 20231 MAD = 0.1018 USD
07 August 20231 MAD = 0.1068 USD
08 August 20231 MAD = 0.1050 USD
10 August 20231 MAD = 0.1062 USD
12 August 20231 MAD = 0.1013 USD
14 August 20231 MAD = 0.1053 USD
15 August 20231 MAD = 0.1014 USD
17 August 20231 MAD = 0.1010 USD
20 August 20231 MAD = 0.1002 USD
21 August 20231 MAD = 0.1050 USD
28 August 20231 MAD = 0.1029 USD

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.