Historic Algerian dinar Moroccan dirham

Algerian dinar moroccan dirham history for January 2024. The highest quote for this month is 0.07447 (30/01/2024) and the lowest 0.074298 (28/01/2024). The difference between high and low is 0.23.

DZD MAD average rate for January 2024 is 0.07346, the change between 01/01/2024 and 31/01/2024 is -3.89 %.

01 January 20241 DZD = 0.0718 MAD
02 January 20241 DZD = 0.0719 MAD
03 January 20241 DZD = 0.0740 MAD
04 January 20241 DZD = 0.0740 MAD
05 January 20241 DZD = 0.0738 MAD
06 January 20241 DZD = 0.0742 MAD
07 January 20241 DZD = 0.0740 MAD
08 January 20241 DZD = 0.0718 MAD
09 January 20241 DZD = 0.0741 MAD
10 January 20241 DZD = 0.0719 MAD
11 January 20241 DZD = 0.0742 MAD
12 January 20241 DZD = 0.0743 MAD
14 January 20241 DZD = 0.0741 MAD
15 January 20241 DZD = 0.0719 MAD
16 January 20241 DZD = 0.0718 MAD
17 January 20241 DZD = 0.0722 MAD
18 January 20241 DZD = 0.0744 MAD
19 January 20241 DZD = 0.0743 MAD
22 January 20241 DZD = 0.0719 MAD
23 January 20241 DZD = 0.0743 MAD
24 January 20241 DZD = 0.0744 MAD
25 January 20241 DZD = 0.0744 MAD
26 January 20241 DZD = 0.0744 MAD
28 January 20241 DZD = 0.0743 MAD
29 January 20241 DZD = 0.0720 MAD
30 January 20241 DZD = 0.0747 MAD
31 January 20241 DZD = 0.0746 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