Somali shilling moroccan dirham exchange rate history (SOS MAD) August 2023

Somali shilling moroccan dirham history for August 2023. The highest quote for this month is 0.017668 (24/08/2023) and the lowest 0.017565 (18/08/2023). The difference between high and low is 0.58.

SOS MAD average rate for August 2023 is 0.01723, the change between 01/08/2023 and 31/08/2023 is +0.54 %.

01 August 2023	1 SOS = 0.0174 MAD
02 August 2023	1 SOS = 0.0175 MAD
03 August 2023	1 SOS = 0.0170 MAD
04 August 2023	1 SOS = 0.0174 MAD
07 August 2023	1 SOS = 0.0165 MAD
08 August 2023	1 SOS = 0.0168 MAD
09 August 2023	1 SOS = 0.0166 MAD
10 August 2023	1 SOS = 0.0166 MAD
11 August 2023	1 SOS = 0.0167 MAD
14 August 2023	1 SOS = 0.0168 MAD
15 August 2023	1 SOS = 0.0174 MAD
16 August 2023	1 SOS = 0.0174 MAD
17 August 2023	1 SOS = 0.0175 MAD
18 August 2023	1 SOS = 0.0176 MAD
21 August 2023	1 SOS = 0.0168 MAD
22 August 2023	1 SOS = 0.0176 MAD
23 August 2023	1 SOS = 0.0177 MAD
24 August 2023	1 SOS = 0.0177 MAD
25 August 2023	1 SOS = 0.0178 MAD
28 August 2023	1 SOS = 0.0172 MAD
29 August 2023	1 SOS = 0.0175 MAD
30 August 2023	1 SOS = 0.0174 MAD
31 August 2023	1 SOS = 0.0173 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.

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.

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.