Historic Somali shilling Moroccan dirham

Somali shilling moroccan dirham history for December 2023. The highest quote for this month is 0.01794 (14/12/2023) and the lowest 0.01753 (26/12/2023). The difference between high and low is 2.29.

SOS MAD average rate for December 2023 is 0.01746, the change between 01/12/2023 and 31/12/2023 is -1.26 %.

01 December 20231 SOS = 0.0172 MAD
04 December 20231 SOS = 0.0172 MAD
05 December 20231 SOS = 0.0177 MAD
06 December 20231 SOS = 0.0178 MAD
07 December 20231 SOS = 0.0178 MAD
08 December 20231 SOS = 0.0178 MAD
11 December 20231 SOS = 0.0173 MAD
12 December 20231 SOS = 0.0174 MAD
13 December 20231 SOS = 0.0173 MAD
14 December 20231 SOS = 0.0179 MAD
15 December 20231 SOS = 0.0177 MAD
18 December 20231 SOS = 0.0173 MAD
19 December 20231 SOS = 0.0173 MAD
20 December 20231 SOS = 0.0178 MAD
21 December 20231 SOS = 0.0177 MAD
22 December 20231 SOS = 0.0175 MAD
25 December 20231 SOS = 0.0169 MAD
26 December 20231 SOS = 0.0169 MAD
27 December 20231 SOS = 0.0174 MAD
28 December 20231 SOS = 0.0172 MAD
29 December 20231 SOS = 0.0174 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.