United States dollar moroccan dirham history for August 2023. The highest quote for this month is 9.983 (20/08/2023) and the lowest 9.983 (20/08/2023). The difference between high and low is 0.
USD MAD average rate for August 2023 is 9.69308, the change between 01/08/2023 and 31/08/2023 is +1.32 %.
| 01 August 2023 | 1 USD = 9.85 MAD |
| 04 August 2023 | 1 USD = 9.82 MAD |
| 07 August 2023 | 1 USD = 9.36 MAD |
| 08 August 2023 | 1 USD = 9.52 MAD |
| 10 August 2023 | 1 USD = 9.41 MAD |
| 12 August 2023 | 1 USD = 9.87 MAD |
| 14 August 2023 | 1 USD = 9.50 MAD |
| 15 August 2023 | 1 USD = 9.86 MAD |
| 17 August 2023 | 1 USD = 9.90 MAD |
| 20 August 2023 | 1 USD = 9.98 MAD |
| 21 August 2023 | 1 USD = 9.52 MAD |
| 28 August 2023 | 1 USD = 9.72 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.