Historic Moroccan dirham United States dollar

Moroccan dirham united states dollar history for February 2024. The highest quote for this month is 0.1028 (13/02/2024) and the lowest 0.10344 (02/02/2024). The difference between high and low is -0.62.

MAD USD average rate for February 2024 is 0.10029, the change between 01/02/2024 and 29/02/2024 is -1.98 %.

01 February 20241 MAD = 0.1000 USD
02 February 20241 MAD = 0.1000 USD
03 February 20241 MAD = 0.0997 USD
04 February 20241 MAD = 0.0997 USD
05 February 20241 MAD = 0.1024 USD
06 February 20241 MAD = 0.1025 USD
07 February 20241 MAD = 0.0993 USD
08 February 20241 MAD = 0.0994 USD
09 February 20241 MAD = 0.0996 USD
11 February 20241 MAD = 0.1000 USD
12 February 20241 MAD = 0.1031 USD
13 February 20241 MAD = 0.0997 USD
14 February 20241 MAD = 0.0993 USD
15 February 20241 MAD = 0.0993 USD
16 February 20241 MAD = 0.0995 USD
17 February 20241 MAD = 0.0994 USD
18 February 20241 MAD = 0.0994 USD
19 February 20241 MAD = 0.1026 USD
20 February 20241 MAD = 0.1024 USD
21 February 20241 MAD = 0.0992 USD
22 February 20241 MAD = 0.0993 USD
23 February 20241 MAD = 0.0995 USD
24 February 20241 MAD = 0.0995 USD
25 February 20241 MAD = 0.0995 USD
26 February 20241 MAD = 0.1029 USD
27 February 20241 MAD = 0.0998 USD
28 February 20241 MAD = 0.0994 USD
29 February 20241 MAD = 0.1020 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.