Historic Arab Emirates Dirham Moroccan dirham

Arab Emirates Dirham moroccan dirham history for September 2023. The highest quote for this month is 2.8098 (28/09/2023) and the lowest 2.7884 (30/09/2023). The difference between high and low is 0.76.

AED MAD average rate for September 2023 is 2.75657, the change between 01/09/2023 and 30/09/2023 is -4.59 %.

01 September 20231 AED = 2.677 MAD
04 September 20231 AED = 2.710 MAD
05 September 20231 AED = 2.686 MAD
06 September 20231 AED = 2.688 MAD
07 September 20231 AED = 2.775 MAD
08 September 20231 AED = 2.766 MAD
11 September 20231 AED = 2.688 MAD
12 September 20231 AED = 2.686 MAD
13 September 20231 AED = 2.761 MAD
14 September 20231 AED = 2.761 MAD
15 September 20231 AED = 2.793 MAD
18 September 20231 AED = 2.703 MAD
19 September 20231 AED = 2.797 MAD
20 September 20231 AED = 2.794 MAD
21 September 20231 AED = 2.796 MAD
22 September 20231 AED = 2.800 MAD
23 September 20231 AED = 2.794 MAD
25 September 20231 AED = 2.713 MAD
26 September 20231 AED = 2.797 MAD
27 September 20231 AED = 2.797 MAD
28 September 20231 AED = 2.811 MAD
29 September 20231 AED = 2.809 MAD
30 September 20231 AED = 2.800 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.