Historic Cayman Islands dollar Moroccan dirham

Cayman Islands dollar moroccan dirham history for February 2024. The highest quote for this month is 12.372 (21/02/2024) and the lowest 12.27 (17/02/2024). The difference between high and low is 0.82.

KYD MAD average rate for February 2024 is 12.21814, the change between 01/02/2024 and 29/02/2024 is +1.9 %.

01 February 20241 KYD = 12.29 MAD
02 February 20241 KYD = 12.28 MAD
03 February 20241 KYD = 12.24 MAD
04 February 20241 KYD = 12.24 MAD
05 February 20241 KYD = 11.87 MAD
06 February 20241 KYD = 11.96 MAD
07 February 20241 KYD = 12.35 MAD
08 February 20241 KYD = 12.35 MAD
09 February 20241 KYD = 12.32 MAD
11 February 20241 KYD = 12.20 MAD
12 February 20241 KYD = 11.92 MAD
13 February 20241 KYD = 12.32 MAD
14 February 20241 KYD = 12.35 MAD
15 February 20241 KYD = 12.36 MAD
16 February 20241 KYD = 12.35 MAD
17 February 20241 KYD = 12.27 MAD
18 February 20241 KYD = 12.27 MAD
19 February 20241 KYD = 11.96 MAD
20 February 20241 KYD = 11.99 MAD
21 February 20241 KYD = 12.37 MAD
22 February 20241 KYD = 12.37 MAD
23 February 20241 KYD = 12.33 MAD
24 February 20241 KYD = 12.26 MAD
25 February 20241 KYD = 12.26 MAD
26 February 20241 KYD = 11.93 MAD
27 February 20241 KYD = 12.30 MAD
28 February 20241 KYD = 12.35 MAD
29 February 20241 KYD = 12.06 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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

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.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/05/1999: Introduction of the third dirham

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

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

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

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