Norwegian krone moroccan dirham exchange rate history (NOK MAD) November 2023

Norwegian krone moroccan dirham history for November 2023. The highest quote for this month is 0.9469 (21/11/2023) and the lowest 0.9424 (26/11/2023). The difference between high and low is 0.48.

NOK MAD average rate for November 2023 is 0.9235, the change between 01/11/2023 and 30/11/2023 is -2.35 %.

01 November 2023	1 NOK = 0.9209 MAD
02 November 2023	1 NOK = 0.9253 MAD
03 November 2023	1 NOK = 0.8903 MAD
06 November 2023	1 NOK = 0.8966 MAD
07 November 2023	1 NOK = 0.9231 MAD
08 November 2023	1 NOK = 0.9143 MAD
09 November 2023	1 NOK = 0.9115 MAD
10 November 2023	1 NOK = 0.9116 MAD
12 November 2023	1 NOK = 0.9192 MAD
13 November 2023	1 NOK = 0.8909 MAD
14 November 2023	1 NOK = 0.9227 MAD
15 November 2023	1 NOK = 0.9322 MAD
16 November 2023	1 NOK = 0.9400 MAD
17 November 2023	1 NOK = 0.9285 MAD
19 November 2023	1 NOK = 0.9399 MAD
20 November 2023	1 NOK = 0.9044 MAD
21 November 2023	1 NOK = 0.9472 MAD
22 November 2023	1 NOK = 0.9507 MAD
23 November 2023	1 NOK = 0.9133 MAD
24 November 2023	1 NOK = 0.9115 MAD
26 November 2023	1 NOK = 0.9424 MAD
27 November 2023	1 NOK = 0.9132 MAD
28 November 2023	1 NOK = 0.9485 MAD
29 November 2023	1 NOK = 0.9467 MAD
30 November 2023	1 NOK = 0.9425 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.

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

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.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

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.

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.

Historic Norwegian krone Moroccan dirham