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

Icelandic Krona moroccan dirham history for December 2023. The highest quote for this month is 0.07322 (14/12/2023) and the lowest 0.073186 (26/12/2023). The difference between high and low is 0.05.

ISK MAD average rate for December 2023 is 0.072, the change between 01/12/2023 and 31/12/2023 is -3.31 %.

01 December 2023	1 ISK = 0.0707 MAD
04 December 2023	1 ISK = 0.0705 MAD
05 December 2023	1 ISK = 0.0725 MAD
06 December 2023	1 ISK = 0.0726 MAD
07 December 2023	1 ISK = 0.0726 MAD
08 December 2023	1 ISK = 0.0728 MAD
11 December 2023	1 ISK = 0.0706 MAD
12 December 2023	1 ISK = 0.0706 MAD
13 December 2023	1 ISK = 0.0705 MAD
14 December 2023	1 ISK = 0.0732 MAD
15 December 2023	1 ISK = 0.0738 MAD
18 December 2023	1 ISK = 0.0714 MAD
19 December 2023	1 ISK = 0.0712 MAD
20 December 2023	1 ISK = 0.0739 MAD
21 December 2023	1 ISK = 0.0733 MAD
22 December 2023	1 ISK = 0.0731 MAD
25 December 2023	1 ISK = 0.0703 MAD
26 December 2023	1 ISK = 0.0704 MAD
27 December 2023	1 ISK = 0.0728 MAD
28 December 2023	1 ISK = 0.0724 MAD
29 December 2023	1 ISK = 0.0730 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