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

Icelandic Krona moroccan dirham history for October 2023. The highest quote for this month is 0.074432 (23/10/2023) and the lowest 0.073055 (05/10/2023). The difference between high and low is 1.85.

ISK MAD average rate for October 2023 is 0.07347, the change between 01/10/2023 and 31/10/2023 is -2.72 %.

02 October 2023	1 ISK = 0.0724 MAD
03 October 2023	1 ISK = 0.0739 MAD
04 October 2023	1 ISK = 0.0743 MAD
05 October 2023	1 ISK = 0.0744 MAD
06 October 2023	1 ISK = 0.0729 MAD
09 October 2023	1 ISK = 0.0722 MAD
10 October 2023	1 ISK = 0.0731 MAD
11 October 2023	1 ISK = 0.0745 MAD
12 October 2023	1 ISK = 0.0744 MAD
13 October 2023	1 ISK = 0.0738 MAD
16 October 2023	1 ISK = 0.0713 MAD
17 October 2023	1 ISK = 0.0741 MAD
18 October 2023	1 ISK = 0.0741 MAD
19 October 2023	1 ISK = 0.0718 MAD
20 October 2023	1 ISK = 0.0747 MAD
23 October 2023	1 ISK = 0.0719 MAD
24 October 2023	1 ISK = 0.0750 MAD
25 October 2023	1 ISK = 0.0743 MAD
26 October 2023	1 ISK = 0.0736 MAD
27 October 2023	1 ISK = 0.0736 MAD
30 October 2023	1 ISK = 0.0716 MAD
31 October 2023	1 ISK = 0.0743 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