Historic United States dollar Moroccan dirham

United States dollar moroccan dirham history for June 2023. The highest quote for this month is 10.193 (03/06/2023) and the lowest 10.193 (03/06/2023). The difference between high and low is 0.

USD MAD average rate for June 2023 is 9.9208, the change between 01/06/2023 and 30/06/2023 is +2.68 %.

02 June 20231 USD = 9.85 MAD
03 June 20231 USD = 10.19 MAD
09 June 20231 USD = 10.11 MAD
12 June 20231 USD = 9.76 MAD
13 June 20231 USD = 10.14 MAD
16 June 20231 USD = 10.00 MAD
19 June 20231 USD = 9.63 MAD
20 June 20231 USD = 9.98 MAD
25 June 20231 USD = 9.96 MAD
26 June 20231 USD = 9.59 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.