Singapore dollar moroccan dirham exchange rate history (SGD MAD) October 2023

Singapore dollar moroccan dirham history for October 2023. The highest quote for this month is 7.5608 (07/10/2023) and the lowest 7.5327 (22/10/2023). The difference between high and low is 0.37.

SGD MAD average rate for October 2023 is 7.44221, the change between 01/10/2023 and 31/10/2023 is -0.06 %.

01 October 2023	1 SGD = 7.53 MAD
02 October 2023	1 SGD = 7.28 MAD
03 October 2023	1 SGD = 7.51 MAD
04 October 2023	1 SGD = 7.52 MAD
05 October 2023	1 SGD = 7.51 MAD
06 October 2023	1 SGD = 7.31 MAD
07 October 2023	1 SGD = 7.52 MAD
09 October 2023	1 SGD = 7.22 MAD
10 October 2023	1 SGD = 7.36 MAD
11 October 2023	1 SGD = 7.53 MAD
12 October 2023	1 SGD = 7.51 MAD
13 October 2023	1 SGD = 7.48 MAD
16 October 2023	1 SGD = 7.22 MAD
17 October 2023	1 SGD = 7.49 MAD
18 October 2023	1 SGD = 7.48 MAD
19 October 2023	1 SGD = 7.24 MAD
20 October 2023	1 SGD = 7.50 MAD
21 October 2023	1 SGD = 7.53 MAD
22 October 2023	1 SGD = 7.52 MAD
23 October 2023	1 SGD = 7.25 MAD
24 October 2023	1 SGD = 7.55 MAD
25 October 2023	1 SGD = 7.53 MAD
26 October 2023	1 SGD = 7.47 MAD
27 October 2023	1 SGD = 7.49 MAD
28 October 2023	1 SGD = 7.51 MAD
29 October 2023	1 SGD = 7.50 MAD
30 October 2023	1 SGD = 7.26 MAD
31 October 2023	1 SGD = 7.53 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.

Historic Singapore dollar Moroccan dirham