Historic Cayman Islands dollar Moroccan dirham

Cayman Islands dollar moroccan dirham history for January 2024. The highest quote for this month is 12.295 (30/01/2024) and the lowest 12.135 (27/01/2024). The difference between high and low is 1.3.

KYD MAD average rate for January 2024 is 12.07575, the change between 01/01/2024 and 31/01/2024 is -4.36 %.

01 January 20241 KYD = 11.76 MAD
02 January 20241 KYD = 11.76 MAD
03 January 20241 KYD = 12.18 MAD
04 January 20241 KYD = 12.19 MAD
05 January 20241 KYD = 12.14 MAD
06 January 20241 KYD = 12.13 MAD
07 January 20241 KYD = 12.09 MAD
08 January 20241 KYD = 11.82 MAD
09 January 20241 KYD = 12.19 MAD
10 January 20241 KYD = 11.83 MAD
11 January 20241 KYD = 12.20 MAD
12 January 20241 KYD = 12.20 MAD
14 January 20241 KYD = 12.13 MAD
15 January 20241 KYD = 11.84 MAD
16 January 20241 KYD = 11.83 MAD
17 January 20241 KYD = 11.86 MAD
18 January 20241 KYD = 12.26 MAD
19 January 20241 KYD = 12.26 MAD
22 January 20241 KYD = 11.82 MAD
23 January 20241 KYD = 12.20 MAD
24 January 20241 KYD = 12.25 MAD
25 January 20241 KYD = 12.22 MAD
26 January 20241 KYD = 12.24 MAD
27 January 20241 KYD = 12.14 MAD
28 January 20241 KYD = 12.16 MAD
29 January 20241 KYD = 11.84 MAD
30 January 20241 KYD = 12.30 MAD
31 January 20241 KYD = 12.28 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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
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KYD MAD January 2025