Historic Algerian dinar Moroccan dirham

Algerian dinar moroccan dirham history for February 2024. The highest quote for this month is 0.075056 (21/02/2024) and the lowest 0.074928 (17/02/2024). The difference between high and low is 0.17.

DZD MAD average rate for February 2024 is 0.07434, the change between 01/02/2024 and 29/02/2024 is +1.64 %.

01 February 20241 DZD = 0.0745 MAD
02 February 20241 DZD = 0.0744 MAD
03 February 20241 DZD = 0.0749 MAD
04 February 20241 DZD = 0.0749 MAD
05 February 20241 DZD = 0.0728 MAD
06 February 20241 DZD = 0.0726 MAD
07 February 20241 DZD = 0.0749 MAD
08 February 20241 DZD = 0.0750 MAD
09 February 20241 DZD = 0.0749 MAD
12 February 20241 DZD = 0.0725 MAD
13 February 20241 DZD = 0.0748 MAD
14 February 20241 DZD = 0.0749 MAD
15 February 20241 DZD = 0.0751 MAD
16 February 20241 DZD = 0.0749 MAD
17 February 20241 DZD = 0.0749 MAD
18 February 20241 DZD = 0.0749 MAD
19 February 20241 DZD = 0.0727 MAD
20 February 20241 DZD = 0.0728 MAD
21 February 20241 DZD = 0.0752 MAD
22 February 20241 DZD = 0.0753 MAD
23 February 20241 DZD = 0.0750 MAD
24 February 20241 DZD = 0.0749 MAD
25 February 20241 DZD = 0.0749 MAD
26 February 20241 DZD = 0.0725 MAD
27 February 20241 DZD = 0.0747 MAD
28 February 20241 DZD = 0.0750 MAD
29 February 20241 DZD = 0.0733 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.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

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.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.
DZD MAD January 2024
DZD MAD February 2024
DZD MAD March 2024
DZD MAD April 2024
DZD MAD May 2024
DZD MAD June 2024
DZD MAD July 2024
DZD MAD August 2024
DZD MAD September 2024
DZD MAD October 2024
DZD MAD November 2024
DZD MAD December 2024
DZD MAD January 2025