Ethiopian birr moroccan dirham exchange rate history (ETB MAD) December 2023

Ethiopian birr moroccan dirham history for December 2023. The highest quote for this month is 0.18198 (14/12/2023) and the lowest 0.17723 (26/12/2023). The difference between high and low is 2.61.

ETB MAD average rate for December 2023 is 0.17751, the change between 01/12/2023 and 31/12/2023 is -1.58 %.

01 December 2023	1 ETB = 0.1745 MAD
04 December 2023	1 ETB = 0.1744 MAD
05 December 2023	1 ETB = 0.1813 MAD
06 December 2023	1 ETB = 0.1816 MAD
07 December 2023	1 ETB = 0.1801 MAD
08 December 2023	1 ETB = 0.1816 MAD
11 December 2023	1 ETB = 0.1767 MAD
12 December 2023	1 ETB = 0.1770 MAD
13 December 2023	1 ETB = 0.1758 MAD
14 December 2023	1 ETB = 0.1829 MAD
15 December 2023	1 ETB = 0.1809 MAD
18 December 2023	1 ETB = 0.1746 MAD
19 December 2023	1 ETB = 0.1749 MAD
20 December 2023	1 ETB = 0.1810 MAD
21 December 2023	1 ETB = 0.1799 MAD
22 December 2023	1 ETB = 0.1782 MAD
25 December 2023	1 ETB = 0.1708 MAD
26 December 2023	1 ETB = 0.1709 MAD
27 December 2023	1 ETB = 0.1778 MAD
28 December 2023	1 ETB = 0.1755 MAD
29 December 2023	1 ETB = 0.1773 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.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve 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.

01/05/1999: Introduction of the third dirham

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

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

12/12/1980: Introduction of the second dirham

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

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

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.

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.

Historic Ethiopian birr Moroccan dirham