Historic Euro Moroccan dirham

Euro moroccan dirham history for October 2021. The highest quote for this month is 10.512 (22/10/2021) and the lowest 10.264 (28/10/2021). The difference between high and low is 2.36.

EUR MAD average rate for October 2021 is 10.42329, the change between 01/10/2021 and 31/10/2021 is -0.53 %.

01 October 20211 EUR = 10.49 MAD
04 October 20211 EUR = 10.17 MAD
05 October 20211 EUR = 10.49 MAD
06 October 20211 EUR = 10.50 MAD
07 October 20211 EUR = 10.14 MAD
08 October 20211 EUR = 10.49 MAD
11 October 20211 EUR = 10.14 MAD
12 October 20211 EUR = 10.14 MAD
13 October 20211 EUR = 10.48 MAD
14 October 20211 EUR = 10.52 MAD
15 October 20211 EUR = 10.49 MAD
18 October 20211 EUR = 10.50 MAD
19 October 20211 EUR = 10.50 MAD
20 October 20211 EUR = 10.51 MAD
21 October 20211 EUR = 10.52 MAD
22 October 20211 EUR = 10.52 MAD
25 October 20211 EUR = 10.18 MAD
26 October 20211 EUR = 10.53 MAD
27 October 20211 EUR = 10.52 MAD
28 October 20211 EUR = 10.53 MAD
29 October 20211 EUR = 10.55 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.