Historic New Zealand Dollar Moroccan dirham

New Zealand Dollar moroccan dirham history for November 2023. The highest quote for this month is 6.1611 (29/11/2023) and the lowest 6.1356 (26/11/2023). The difference between high and low is 0.41.

NZD MAD average rate for November 2023 is 6.03276, the change between 01/11/2023 and 30/11/2023 is -3.52 %.

01 November 20231 NZD = 5.97 MAD
02 November 20231 NZD = 6.06 MAD
03 November 20231 NZD = 5.85 MAD
06 November 20231 NZD = 5.93 MAD
07 November 20231 NZD = 6.09 MAD
08 November 20231 NZD = 6.07 MAD
09 November 20231 NZD = 6.02 MAD
10 November 20231 NZD = 6.02 MAD
12 November 20231 NZD = 6.03 MAD
13 November 20231 NZD = 5.83 MAD
14 November 20231 NZD = 6.01 MAD
15 November 20231 NZD = 6.09 MAD
16 November 20231 NZD = 6.12 MAD
17 November 20231 NZD = 6.06 MAD
18 November 20231 NZD = 6.08 MAD
19 November 20231 NZD = 6.08 MAD
20 November 20231 NZD = 5.87 MAD
21 November 20231 NZD = 6.12 MAD
22 November 20231 NZD = 6.13 MAD
23 November 20231 NZD = 5.91 MAD
24 November 20231 NZD = 5.94 MAD
26 November 20231 NZD = 6.13 MAD
27 November 20231 NZD = 5.94 MAD
28 November 20231 NZD = 6.15 MAD
29 November 20231 NZD = 6.17 MAD
30 November 20231 NZD = 6.18 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
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