Historic Euro Moroccan dirham

Euro moroccan dirham history for August 2023. The highest quote for this month is 10.843 (21/08/2023) and the lowest 10.813 (18/08/2023). The difference between high and low is 0.28.

EUR MAD average rate for August 2023 is 10.63226, the change between 01/08/2023 and 31/08/2023 is +1.13 %.

01 August 20231 EUR = 10.83 MAD
02 August 20231 EUR = 10.86 MAD
03 August 20231 EUR = 10.52 MAD
04 August 20231 EUR = 10.75 MAD
07 August 20231 EUR = 10.30 MAD
08 August 20231 EUR = 10.48 MAD
09 August 20231 EUR = 10.29 MAD
10 August 20231 EUR = 10.34 MAD
11 August 20231 EUR = 10.40 MAD
14 August 20231 EUR = 10.40 MAD
15 August 20231 EUR = 10.76 MAD
16 August 20231 EUR = 10.77 MAD
17 August 20231 EUR = 10.76 MAD
18 August 20231 EUR = 10.79 MAD
21 August 20231 EUR = 10.35 MAD
22 August 20231 EUR = 10.86 MAD
23 August 20231 EUR = 10.84 MAD
24 August 20231 EUR = 10.86 MAD
25 August 20231 EUR = 10.84 MAD
28 August 20231 EUR = 10.49 MAD
29 August 20231 EUR = 10.67 MAD
30 August 20231 EUR = 10.68 MAD
31 August 20231 EUR = 10.71 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.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

02/06/2014: Introduction of the fourth dirham

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

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

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.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

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 the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.