Historic United States dollar Moroccan dirham

United States dollar moroccan dirham history for March 2024. The highest quote for this month is 10.1 (01/03/2024) and the lowest 10.076 (03/03/2024). The difference between high and low is 0.24.

USD MAD average rate for March 2024 is 9.8841, the change between 01/03/2024 and 31/03/2024 is +0.81 %.

01 March 20241 USD = 10.10 MAD
03 March 20241 USD = 10.08 MAD
04 March 20241 USD = 9.72 MAD
05 March 20241 USD = 9.77 MAD
06 March 20241 USD = 9.75 MAD
07 March 20241 USD = 10.01 MAD
08 March 20241 USD = 9.65 MAD
10 March 20241 USD = 10.04 MAD
11 March 20241 USD = 9.70 MAD
12 March 20241 USD = 10.02 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.