Hong Kong dollar moroccan dirham exchange rate history (HKD MAD) December 2023

Hong Kong dollar moroccan dirham history for December 2023. The highest quote for this month is 1.3045 (14/12/2023) and the lowest 1.2969 (10/12/2023). The difference between high and low is 0.58.

HKD MAD average rate for December 2023 is 1.27382, the change between 01/12/2023 and 31/12/2023 is -1 %.

01 December 2023	1 HKD = 1.250 MAD
02 December 2023	1 HKD = 1.290 MAD
03 December 2023	1 HKD = 1.291 MAD
04 December 2023	1 HKD = 1.250 MAD
05 December 2023	1 HKD = 1.290 MAD
06 December 2023	1 HKD = 1.291 MAD
07 December 2023	1 HKD = 1.292 MAD
08 December 2023	1 HKD = 1.294 MAD
10 December 2023	1 HKD = 1.301 MAD
11 December 2023	1 HKD = 1.259 MAD
12 December 2023	1 HKD = 1.263 MAD
13 December 2023	1 HKD = 1.260 MAD
14 December 2023	1 HKD = 1.305 MAD
15 December 2023	1 HKD = 1.291 MAD
16 December 2023	1 HKD = 1.297 MAD
17 December 2023	1 HKD = 1.297 MAD
18 December 2023	1 HKD = 1.261 MAD
19 December 2023	1 HKD = 1.257 MAD
20 December 2023	1 HKD = 1.295 MAD
21 December 2023	1 HKD = 1.286 MAD
22 December 2023	1 HKD = 1.275 MAD
23 December 2023	1 HKD = 1.269 MAD
24 December 2023	1 HKD = 1.269 MAD
25 December 2023	1 HKD = 1.228 MAD
26 December 2023	1 HKD = 1.229 MAD
27 December 2023	1 HKD = 1.270 MAD
28 December 2023	1 HKD = 1.254 MAD
29 December 2023	1 HKD = 1.266 MAD
31 December 2023	1 HKD = 1.263 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.

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

01/05/1999: Introduction of the third dirham

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

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

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.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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

The Moroccan franc was introduced as the official currency of Morocco.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.

Historic Hong Kong dollar Moroccan dirham