New Zealand Dollar moroccan dirham exchange rate history (NZD MAD) October 2023

New Zealand Dollar moroccan dirham history for October 2023. The highest quote for this month is 6.1835 (07/10/2023) and the lowest 6.1587 (01/10/2023). The difference between high and low is 0.4.

NZD MAD average rate for October 2023 is 6.01041, the change between 01/10/2023 and 31/10/2023 is +2.67 %.

01 October 2023	1 NZD = 6.17 MAD
02 October 2023	1 NZD = 5.97 MAD
03 October 2023	1 NZD = 6.13 MAD
04 October 2023	1 NZD = 6.11 MAD
05 October 2023	1 NZD = 6.10 MAD
06 October 2023	1 NZD = 5.97 MAD
07 October 2023	1 NZD = 6.15 MAD
09 October 2023	1 NZD = 5.89 MAD
10 October 2023	1 NZD = 6.06 MAD
11 October 2023	1 NZD = 6.20 MAD
12 October 2023	1 NZD = 6.16 MAD
13 October 2023	1 NZD = 6.07 MAD
16 October 2023	1 NZD = 5.84 MAD
17 October 2023	1 NZD = 6.05 MAD
18 October 2023	1 NZD = 6.04 MAD
19 October 2023	1 NZD = 5.82 MAD
20 October 2023	1 NZD = 6.02 MAD
21 October 2023	1 NZD = 6.02 MAD
22 October 2023	1 NZD = 6.02 MAD
23 October 2023	1 NZD = 5.80 MAD
24 October 2023	1 NZD = 6.04 MAD
25 October 2023	1 NZD = 6.02 MAD
26 October 2023	1 NZD = 5.94 MAD
27 October 2023	1 NZD = 5.98 MAD
28 October 2023	1 NZD = 5.98 MAD
29 October 2023	1 NZD = 5.97 MAD
30 October 2023	1 NZD = 5.78 MAD
31 October 2023	1 NZD = 6.00 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.

Historic New Zealand Dollar Moroccan dirham