Historic Singapore dollar Moroccan dirham

Singapore dollar moroccan dirham history for December 2023. The highest quote for this month is 7.6457 (14/12/2023) and the lowest 7.5961 (16/12/2023). The difference between high and low is 0.65.

SGD MAD average rate for December 2023 is 7.47053, the change between 01/12/2023 and 31/12/2023 is -2.34 %.

01 December 20231 SGD = 7.30 MAD
02 December 20231 SGD = 7.56 MAD
03 December 20231 SGD = 7.56 MAD
04 December 20231 SGD = 7.33 MAD
05 December 20231 SGD = 7.53 MAD
06 December 20231 SGD = 7.53 MAD
07 December 20231 SGD = 7.52 MAD
08 December 20231 SGD = 7.55 MAD
10 December 20231 SGD = 7.58 MAD
11 December 20231 SGD = 7.33 MAD
12 December 20231 SGD = 7.34 MAD
13 December 20231 SGD = 7.34 MAD
14 December 20231 SGD = 7.65 MAD
15 December 20231 SGD = 7.59 MAD
16 December 20231 SGD = 7.60 MAD
17 December 20231 SGD = 7.60 MAD
18 December 20231 SGD = 7.38 MAD
19 December 20231 SGD = 7.36 MAD
20 December 20231 SGD = 7.60 MAD
21 December 20231 SGD = 7.54 MAD
22 December 20231 SGD = 7.51 MAD
23 December 20231 SGD = 7.49 MAD
24 December 20231 SGD = 7.49 MAD
25 December 20231 SGD = 7.25 MAD
26 December 20231 SGD = 7.24 MAD
27 December 20231 SGD = 7.49 MAD
28 December 20231 SGD = 7.42 MAD
29 December 20231 SGD = 7.49 MAD
31 December 20231 SGD = 7.47 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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

01/05/1999: Introduction of the third dirham

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

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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

The Moroccan franc was introduced as the official currency of Morocco.
SGD MAD July 2023
SGD MAD August 2023
SGD MAD September 2023
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SGD MAD November 2023
SGD MAD December 2023
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