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

Singapore dollar moroccan dirham history for September 2023. The highest quote for this month is 7.5565 (30/09/2023) and the lowest 7.5007 (30/09/2023). The difference between high and low is 0.74.

SGD MAD average rate for September 2023 is 7.42154, the change between 01/09/2023 and 30/09/2023 is -3.47 %.

01 September 2023	1 SGD = 7.28 MAD
04 September 2023	1 SGD = 7.35 MAD
05 September 2023	1 SGD = 7.28 MAD
06 September 2023	1 SGD = 7.26 MAD
07 September 2023	1 SGD = 7.47 MAD
08 September 2023	1 SGD = 7.44 MAD
11 September 2023	1 SGD = 7.24 MAD
12 September 2023	1 SGD = 7.25 MAD
13 September 2023	1 SGD = 7.45 MAD
14 September 2023	1 SGD = 7.45 MAD
15 September 2023	1 SGD = 7.52 MAD
18 September 2023	1 SGD = 7.29 MAD
19 September 2023	1 SGD = 7.53 MAD
20 September 2023	1 SGD = 7.52 MAD
21 September 2023	1 SGD = 7.52 MAD
22 September 2023	1 SGD = 7.52 MAD
25 September 2023	1 SGD = 7.29 MAD
26 September 2023	1 SGD = 7.52 MAD
27 September 2023	1 SGD = 7.50 MAD
28 September 2023	1 SGD = 7.52 MAD
29 September 2023	1 SGD = 7.55 MAD
30 September 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