Icelandic Krona moroccan dirham exchange rate history (ISK MAD) August 2023

Icelandic Krona moroccan dirham history for August 2023. The highest quote for this month is 0.075746 (24/08/2023) and the lowest 0.075405 (18/08/2023). The difference between high and low is 0.45.

ISK MAD average rate for August 2023 is 0.07408, the change between 01/08/2023 and 31/08/2023 is -0.09 %.

01 August 2023	1 ISK = 0.0752 MAD
02 August 2023	1 ISK = 0.0754 MAD
03 August 2023	1 ISK = 0.0728 MAD
04 August 2023	1 ISK = 0.0745 MAD
07 August 2023	1 ISK = 0.0712 MAD
08 August 2023	1 ISK = 0.0724 MAD
09 August 2023	1 ISK = 0.0713 MAD
10 August 2023	1 ISK = 0.0718 MAD
11 August 2023	1 ISK = 0.0722 MAD
14 August 2023	1 ISK = 0.0720 MAD
15 August 2023	1 ISK = 0.0748 MAD
16 August 2023	1 ISK = 0.0749 MAD
17 August 2023	1 ISK = 0.0749 MAD
18 August 2023	1 ISK = 0.0753 MAD
21 August 2023	1 ISK = 0.0722 MAD
22 August 2023	1 ISK = 0.0758 MAD
23 August 2023	1 ISK = 0.0757 MAD
24 August 2023	1 ISK = 0.0760 MAD
25 August 2023	1 ISK = 0.0759 MAD
28 August 2023	1 ISK = 0.0739 MAD
29 August 2023	1 ISK = 0.0752 MAD
30 August 2023	1 ISK = 0.0753 MAD
31 August 2023	1 ISK = 0.0753 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.

15/11/2018: New Currency Notes Introduced

Iceland released updated banknotes and coins featuring improved security measures and new designs, modernizing the Krona's physical appearance.

15/03/2015: Capital Controls Lifted

Iceland lifted its capital controls, implemented after the financial crisis, allowing for more flexible foreign exchange transactions.

02/06/2014: Introduction of the fourth dirham

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

14/11/2010: IMF Loan Approved

Iceland secured a $2.1 billion loan from the International Monetary Fund, stabilizing the Krona and aiding economic recovery.

06/10/2008: Financial Crisis Begins

The collapse of Icelandic banks and subsequent financial crisis severely devalued the Krona, leading to economic turmoil.

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.

05/03/1981: Stock Exchange Established

The Icelandic Stock Exchange was founded, promoting economic growth and affecting the Krona's value.

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.

10/05/1940: Occupation of Iceland

Following the German occupation of Denmark, Iceland became occupied by British forces, impacting the currency's stability.

01/01/1922: Currency Board Established

The Icelandic Krona was introduced under the Danish Krone pegged to 1 Krone = 100 aurar.

Historic Icelandic Krona Moroccan dirham