Historic New Zealand Dollar Moroccan dirham

New Zealand Dollar moroccan dirham history for February 2024. The highest quote for this month is 6.2297 (24/02/2024) and the lowest 6.2366 (25/02/2024). The difference between high and low is -0.11.

NZD MAD average rate for February 2024 is 6.11236, the change between 01/02/2024 and 29/02/2024 is +2.18 %.

01 February 20241 NZD = 6.11 MAD
02 February 20241 NZD = 6.15 MAD
03 February 20241 NZD = 6.09 MAD
04 February 20241 NZD = 6.09 MAD
05 February 20241 NZD = 5.92 MAD
06 February 20241 NZD = 5.91 MAD
07 February 20241 NZD = 6.14 MAD
08 February 20241 NZD = 6.15 MAD
09 February 20241 NZD = 6.13 MAD
11 February 20241 NZD = 6.14 MAD
12 February 20241 NZD = 5.96 MAD
13 February 20241 NZD = 6.15 MAD
14 February 20241 NZD = 6.10 MAD
15 February 20241 NZD = 6.13 MAD
16 February 20241 NZD = 6.14 MAD
17 February 20241 NZD = 6.16 MAD
18 February 20241 NZD = 6.17 MAD
19 February 20241 NZD = 5.98 MAD
20 February 20241 NZD = 6.00 MAD
21 February 20241 NZD = 6.22 MAD
22 February 20241 NZD = 6.23 MAD
23 February 20241 NZD = 6.23 MAD
24 February 20241 NZD = 6.23 MAD
25 February 20241 NZD = 6.23 MAD
26 February 20241 NZD = 6.01 MAD
27 February 20241 NZD = 6.18 MAD
28 February 20241 NZD = 6.21 MAD
29 February 20241 NZD = 5.98 MAD

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.

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
NZD MAD July 2023
NZD MAD August 2023
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NZD MAD February 2024
NZD MAD March 2024
NZD MAD April 2024
NZD MAD May 2024
NZD MAD June 2024
NZD MAD July 2024