Japanese Yen moroccan dirham exchange rate history (JPY MAD) December 2023

Japanese Yen moroccan dirham history for December 2023. The highest quote for this month is 0.071322 (14/12/2023) and the lowest 0.071246 (17/12/2023). The difference between high and low is 0.11.

JPY MAD average rate for December 2023 is 0.06897, the change between 01/12/2023 and 31/12/2023 is -5.97 %.

01 December 2023	1 JPY = 0.0660 MAD
03 December 2023	1 JPY = 0.0687 MAD
04 December 2023	1 JPY = 0.0667 MAD
05 December 2023	1 JPY = 0.0684 MAD
06 December 2023	1 JPY = 0.0686 MAD
07 December 2023	1 JPY = 0.0686 MAD
08 December 2023	1 JPY = 0.0701 MAD
10 December 2023	1 JPY = 0.0702 MAD
11 December 2023	1 JPY = 0.0678 MAD
12 December 2023	1 JPY = 0.0675 MAD
13 December 2023	1 JPY = 0.0677 MAD
14 December 2023	1 JPY = 0.0714 MAD
15 December 2023	1 JPY = 0.0709 MAD
17 December 2023	1 JPY = 0.0712 MAD
18 December 2023	1 JPY = 0.0691 MAD
19 December 2023	1 JPY = 0.0687 MAD
20 December 2023	1 JPY = 0.0702 MAD
21 December 2023	1 JPY = 0.0700 MAD
22 December 2023	1 JPY = 0.0701 MAD
25 December 2023	1 JPY = 0.0674 MAD
26 December 2023	1 JPY = 0.0675 MAD
27 December 2023	1 JPY = 0.0696 MAD
28 December 2023	1 JPY = 0.0693 MAD
29 December 2023	1 JPY = 0.0699 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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

02/06/2014: Introduction of the fourth dirham

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

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

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.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

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

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

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

Historic Japanese Yen Moroccan dirham