Historic Somali shilling Moroccan dirham

Somali shilling moroccan dirham history for July 2023. The highest quote for this month is 0.01733 (05/07/2023) and the lowest 0.016844 (03/07/2023). The difference between high and low is 2.8.

SOS MAD average rate for July 2023 is 0.01703, the change between 01/07/2023 and 31/07/2023 is +1.11 %.

03 July 20231 SOS = 0.0168 MAD
04 July 20231 SOS = 0.0174 MAD
05 July 20231 SOS = 0.0168 MAD
06 July 20231 SOS = 0.0173 MAD
07 July 20231 SOS = 0.0173 MAD
10 July 20231 SOS = 0.0167 MAD
11 July 20231 SOS = 0.0173 MAD
12 July 20231 SOS = 0.0173 MAD
13 July 20231 SOS = 0.0172 MAD
14 July 20231 SOS = 0.0171 MAD
17 July 20231 SOS = 0.0164 MAD
18 July 20231 SOS = 0.0172 MAD
19 July 20231 SOS = 0.0172 MAD
20 July 20231 SOS = 0.0172 MAD
21 July 20231 SOS = 0.0167 MAD
24 July 20231 SOS = 0.0166 MAD
25 July 20231 SOS = 0.0172 MAD
26 July 20231 SOS = 0.0172 MAD
27 July 20231 SOS = 0.0171 MAD
28 July 20231 SOS = 0.0171 MAD
31 July 20231 SOS = 0.0166 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.