Historic Arab Emirates Dirham Moroccan dirham

Arab Emirates Dirham moroccan dirham history for December 2023. The highest quote for this month is 2.7748 (14/12/2023) and the lowest 2.7578 (10/12/2023). The difference between high and low is 0.61.

AED MAD average rate for December 2023 is 2.70905, the change between 01/12/2023 and 31/12/2023 is -0.96 %.

01 December 20231 AED = 2.659 MAD
02 December 20231 AED = 2.746 MAD
03 December 20231 AED = 2.746 MAD
04 December 20231 AED = 2.659 MAD
05 December 20231 AED = 2.745 MAD
06 December 20231 AED = 2.750 MAD
07 December 20231 AED = 2.750 MAD
08 December 20231 AED = 2.754 MAD
10 December 20231 AED = 2.767 MAD
11 December 20231 AED = 2.678 MAD
12 December 20231 AED = 2.685 MAD
13 December 20231 AED = 2.681 MAD
14 December 20231 AED = 2.775 MAD
15 December 20231 AED = 2.746 MAD
16 December 20231 AED = 2.755 MAD
17 December 20231 AED = 2.755 MAD
18 December 20231 AED = 2.678 MAD
19 December 20231 AED = 2.669 MAD
20 December 20231 AED = 2.751 MAD
21 December 20231 AED = 2.734 MAD
22 December 20231 AED = 2.712 MAD
23 December 20231 AED = 2.700 MAD
24 December 20231 AED = 2.701 MAD
25 December 20231 AED = 2.612 MAD
26 December 20231 AED = 2.614 MAD
27 December 20231 AED = 2.699 MAD
28 December 20231 AED = 2.668 MAD
29 December 20231 AED = 2.692 MAD
31 December 20231 AED = 2.685 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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.
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