Historic Arab Emirates Dirham Moroccan dirham

Arab Emirates Dirham moroccan dirham history for November 2023. The highest quote for this month is 2.8059 (03/11/2023) and the lowest 2.774 (12/11/2023). The difference between high and low is 1.14.

AED MAD average rate for November 2023 is 2.7442, the change between 01/11/2023 and 30/11/2023 is +2.32 %.

01 November 20231 AED = 2.800 MAD
02 November 20231 AED = 2.806 MAD
03 November 20231 AED = 2.704 MAD
06 November 20231 AED = 2.691 MAD
07 November 20231 AED = 2.779 MAD
08 November 20231 AED = 2.784 MAD
09 November 20231 AED = 2.774 MAD
10 November 20231 AED = 2.785 MAD
12 November 20231 AED = 2.780 MAD
13 November 20231 AED = 2.692 MAD
14 November 20231 AED = 2.783 MAD
15 November 20231 AED = 2.760 MAD
16 November 20231 AED = 2.765 MAD
17 November 20231 AED = 2.765 MAD
18 November 20231 AED = 2.765 MAD
19 November 20231 AED = 2.764 MAD
20 November 20231 AED = 2.664 MAD
21 November 20231 AED = 2.759 MAD
22 November 20231 AED = 2.758 MAD
23 November 20231 AED = 2.674 MAD
24 November 20231 AED = 2.674 MAD
26 November 20231 AED = 2.747 MAD
27 November 20231 AED = 2.662 MAD
28 November 20231 AED = 2.746 MAD
29 November 20231 AED = 2.735 MAD
30 November 20231 AED = 2.735 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.