Historic Moroccan dirham United States dollar

Moroccan dirham united states dollar history for October 2023. The highest quote for this month is 0.10084 (11/10/2023) and the lowest 0.10137 (11/10/2023). The difference between high and low is -0.53.

MAD USD average rate for October 2023 is 0.09816, the change between 01/10/2023 and 31/10/2023 is -0.03 %.

01 October 20231 MAD = 0.0972 USD
03 October 20231 MAD = 0.0969 USD
04 October 20231 MAD = 0.0968 USD
06 October 20231 MAD = 0.1000 USD
07 October 20231 MAD = 0.0974 USD
09 October 20231 MAD = 0.1013 USD
10 October 20231 MAD = 0.0996 USD
11 October 20231 MAD = 0.0975 USD
13 October 20231 MAD = 0.0976 USD
16 October 20231 MAD = 0.1011 USD
17 October 20231 MAD = 0.0976 USD
18 October 20231 MAD = 0.0977 USD
19 October 20231 MAD = 0.1005 USD
20 October 20231 MAD = 0.0971 USD
21 October 20231 MAD = 0.0969 USD
22 October 20231 MAD = 0.0969 USD
23 October 20231 MAD = 0.1005 USD
24 October 20231 MAD = 0.0969 USD
25 October 20231 MAD = 0.0971 USD
26 October 20231 MAD = 0.0975 USD
27 October 20231 MAD = 0.0975 USD
28 October 20231 MAD = 0.0973 USD
29 October 20231 MAD = 0.0974 USD
30 October 20231 MAD = 0.1005 USD
31 October 20231 MAD = 0.0973 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.