Historic Brazilian Real Moroccan dirham

Brazilian Real moroccan dirham history for February 2024. The highest quote for this month is 2.0428 (21/02/2024) and the lowest 2.0295 (03/02/2024). The difference between high and low is 0.65.

BRL MAD average rate for February 2024 is 2.01004, the change between 01/02/2024 and 29/02/2024 is +2.25 %.

01 February 20241 BRL = 2.019 MAD
02 February 20241 BRL = 2.035 MAD
03 February 20241 BRL = 2.019 MAD
04 February 20241 BRL = 2.019 MAD
05 February 20241 BRL = 1.979 MAD
06 February 20241 BRL = 1.971 MAD
07 February 20241 BRL = 2.029 MAD
08 February 20241 BRL = 2.024 MAD
09 February 20241 BRL = 2.012 MAD
12 February 20241 BRL = 1.959 MAD
13 February 20241 BRL = 2.026 MAD
14 February 20241 BRL = 2.033 MAD
15 February 20241 BRL = 2.027 MAD
16 February 20241 BRL = 2.022 MAD
17 February 20241 BRL = 2.026 MAD
18 February 20241 BRL = 2.025 MAD
19 February 20241 BRL = 1.963 MAD
20 February 20241 BRL = 1.971 MAD
21 February 20241 BRL = 2.046 MAD
22 February 20241 BRL = 2.042 MAD
23 February 20241 BRL = 2.026 MAD
24 February 20241 BRL = 2.013 MAD
25 February 20241 BRL = 2.013 MAD
26 February 20241 BRL = 1.946 MAD
27 February 20241 BRL = 2.012 MAD
28 February 20241 BRL = 2.039 MAD
29 February 20241 BRL = 1.974 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.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

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.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

01/05/1999: Introduction of the third dirham

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

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat 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.

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

The Moroccan franc was introduced as the official currency of Morocco.
BRL MAD July 2023
BRL MAD August 2023
BRL MAD September 2023
BRL MAD October 2023
BRL MAD November 2023
BRL MAD December 2023
BRL MAD January 2024
BRL MAD February 2024
BRL MAD March 2024
BRL MAD April 2024
BRL MAD May 2024
BRL MAD June 2024
BRL MAD July 2024