Historic Arab Emirates Dirham Moroccan dirham

Arab Emirates Dirham moroccan dirham history for January 2024. The highest quote for this month is 2.7282 (30/01/2024) and the lowest 2.7096 (28/01/2024). The difference between high and low is 0.68.

AED MAD average rate for January 2024 is 2.68207, the change between 01/01/2024 and 31/01/2024 is -4.1 %.

01 January 20241 AED = 2.617 MAD
02 January 20241 AED = 2.620 MAD
03 January 20241 AED = 2.704 MAD
04 January 20241 AED = 2.704 MAD
05 January 20241 AED = 2.695 MAD
06 January 20241 AED = 2.709 MAD
07 January 20241 AED = 2.701 MAD
08 January 20241 AED = 2.617 MAD
09 January 20241 AED = 2.704 MAD
10 January 20241 AED = 2.626 MAD
11 January 20241 AED = 2.709 MAD
12 January 20241 AED = 2.709 MAD
14 January 20241 AED = 2.708 MAD
15 January 20241 AED = 2.624 MAD
16 January 20241 AED = 2.624 MAD
17 January 20241 AED = 2.636 MAD
18 January 20241 AED = 2.720 MAD
19 January 20241 AED = 2.720 MAD
22 January 20241 AED = 2.622 MAD
23 January 20241 AED = 2.707 MAD
24 January 20241 AED = 2.718 MAD
25 January 20241 AED = 2.711 MAD
26 January 20241 AED = 2.717 MAD
28 January 20241 AED = 2.715 MAD
29 January 20241 AED = 2.629 MAD
30 January 20241 AED = 2.729 MAD
31 January 20241 AED = 2.724 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.
AED MAD July 2023
AED MAD August 2023
AED MAD September 2023
AED MAD October 2023
AED MAD November 2023
AED MAD December 2023
AED MAD January 2024
AED MAD February 2024
AED MAD March 2024
AED MAD April 2024
AED MAD May 2024
AED MAD June 2024
AED MAD July 2024