Historic Omani rial Moroccan dirham

Omani rial moroccan dirham history for December 2023. The highest quote for this month is 26.54 (14/12/2023) and the lowest 26.385 (11/12/2023). The difference between high and low is 0.58.

OMR MAD average rate for December 2023 is 25.94675, the change between 01/12/2023 and 31/12/2023 is -1.27 %.

01 December 20231 OMR = 25.45 MAD
02 December 20231 OMR = 26.19 MAD
03 December 20231 OMR = 26.20 MAD
04 December 20231 OMR = 26.21 MAD
05 December 20231 OMR = 26.27 MAD
06 December 20231 OMR = 26.32 MAD
07 December 20231 OMR = 26.32 MAD
08 December 20231 OMR = 26.36 MAD
10 December 20231 OMR = 26.40 MAD
11 December 20231 OMR = 25.60 MAD
12 December 20231 OMR = 25.68 MAD
13 December 20231 OMR = 25.66 MAD
14 December 20231 OMR = 26.57 MAD
15 December 20231 OMR = 26.29 MAD
16 December 20231 OMR = 26.29 MAD
17 December 20231 OMR = 26.29 MAD
18 December 20231 OMR = 25.62 MAD
19 December 20231 OMR = 25.55 MAD
20 December 20231 OMR = 26.33 MAD
21 December 20231 OMR = 26.17 MAD
22 December 20231 OMR = 25.96 MAD
23 December 20231 OMR = 25.75 MAD
24 December 20231 OMR = 25.83 MAD
25 December 20231 OMR = 25.00 MAD
26 December 20231 OMR = 25.07 MAD
27 December 20231 OMR = 25.85 MAD
28 December 20231 OMR = 25.53 MAD
29 December 20231 OMR = 25.77 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.

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

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

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