Historic Pound sterling Moroccan dirham

Pound sterling moroccan dirham history for January 2024. The highest quote for this month is 12.706 (14/01/2024) and the lowest 12.655 (14/01/2024). The difference between high and low is 0.4.

GBP MAD average rate for January 2024 is 12.51123, the change between 01/01/2024 and 31/01/2024 is -3.81 %.

01 January 20241 GBP = 12.23 MAD
02 January 20241 GBP = 12.24 MAD
03 January 20241 GBP = 12.53 MAD
04 January 20241 GBP = 12.58 MAD
05 January 20241 GBP = 12.55 MAD
07 January 20241 GBP = 12.61 MAD
08 January 20241 GBP = 12.22 MAD
09 January 20241 GBP = 12.65 MAD
10 January 20241 GBP = 12.26 MAD
11 January 20241 GBP = 12.68 MAD
12 January 20241 GBP = 12.71 MAD
14 January 20241 GBP = 12.69 MAD
15 January 20241 GBP = 12.27 MAD
16 January 20241 GBP = 12.25 MAD
17 January 20241 GBP = 12.24 MAD
18 January 20241 GBP = 12.66 MAD
19 January 20241 GBP = 12.70 MAD
22 January 20241 GBP = 12.23 MAD
23 January 20241 GBP = 12.63 MAD
24 January 20241 GBP = 12.67 MAD
25 January 20241 GBP = 12.66 MAD
26 January 20241 GBP = 12.68 MAD
28 January 20241 GBP = 12.66 MAD
29 January 20241 GBP = 12.26 MAD
30 January 20241 GBP = 12.74 MAD
31 January 20241 GBP = 12.70 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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

01/05/1999: Introduction of the third dirham

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

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

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

The Moroccan franc was introduced as the official currency of Morocco.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.
GBP MAD January 2024
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