Historic Moroccan dirham United States dollar

Moroccan dirham united states dollar history for December 2023. The highest quote for this month is 0.10425 (29/12/2023) and the lowest 0.10553 (28/12/2023). The difference between high and low is -1.23.

MAD USD average rate for December 2023 is 0.10056, the change between 01/12/2023 and 31/12/2023 is +0.97 %.

01 December 20231 MAD = 0.1024 USD
02 December 20231 MAD = 0.0992 USD
03 December 20231 MAD = 0.0992 USD
04 December 20231 MAD = 0.1024 USD
05 December 20231 MAD = 0.0992 USD
06 December 20231 MAD = 0.0991 USD
07 December 20231 MAD = 0.0991 USD
08 December 20231 MAD = 0.0989 USD
10 December 20231 MAD = 0.0984 USD
11 December 20231 MAD = 0.1017 USD
12 December 20231 MAD = 0.1014 USD
13 December 20231 MAD = 0.1016 USD
14 December 20231 MAD = 0.0981 USD
15 December 20231 MAD = 0.0992 USD
16 December 20231 MAD = 0.0988 USD
17 December 20231 MAD = 0.0988 USD
18 December 20231 MAD = 0.1017 USD
19 December 20231 MAD = 0.1021 USD
20 December 20231 MAD = 0.0990 USD
21 December 20231 MAD = 0.0996 USD
22 December 20231 MAD = 0.1004 USD
23 December 20231 MAD = 0.1009 USD
24 December 20231 MAD = 0.1008 USD
25 December 20231 MAD = 0.1043 USD
26 December 20231 MAD = 0.1042 USD
27 December 20231 MAD = 0.1009 USD
28 December 20231 MAD = 0.1021 USD
29 December 20231 MAD = 0.1012 USD
31 December 20231 MAD = 0.1014 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.