Kazakhstani tenge moroccan dirham exchange rate history (KZT MAD) October 2023

Kazakhstani tenge moroccan dirham history for October 2023. The highest quote for this month is 0.021891 (30/10/2023) and the lowest 0.021864 (28/10/2023). The difference between high and low is 0.12.

KZT MAD average rate for October 2023 is 0.02148, the change between 01/10/2023 and 31/10/2023 is -1.84 %.

01 October 2023	1 KZT = 0.0215 MAD
02 October 2023	1 KZT = 0.0209 MAD
03 October 2023	1 KZT = 0.0217 MAD
04 October 2023	1 KZT = 0.0218 MAD
05 October 2023	1 KZT = 0.0217 MAD
06 October 2023	1 KZT = 0.0211 MAD
07 October 2023	1 KZT = 0.0215 MAD
09 October 2023	1 KZT = 0.0209 MAD
10 October 2023	1 KZT = 0.0211 MAD
11 October 2023	1 KZT = 0.0216 MAD
12 October 2023	1 KZT = 0.0215 MAD
13 October 2023	1 KZT = 0.0216 MAD
16 October 2023	1 KZT = 0.0209 MAD
17 October 2023	1 KZT = 0.0216 MAD
18 October 2023	1 KZT = 0.0216 MAD
19 October 2023	1 KZT = 0.0209 MAD
20 October 2023	1 KZT = 0.0216 MAD
21 October 2023	1 KZT = 0.0216 MAD
22 October 2023	1 KZT = 0.0216 MAD
23 October 2023	1 KZT = 0.0209 MAD
24 October 2023	1 KZT = 0.0217 MAD
25 October 2023	1 KZT = 0.0217 MAD
26 October 2023	1 KZT = 0.0216 MAD
27 October 2023	1 KZT = 0.0217 MAD
28 October 2023	1 KZT = 0.0219 MAD
29 October 2023	1 KZT = 0.0218 MAD
30 October 2023	1 KZT = 0.0213 MAD
31 October 2023	1 KZT = 0.0219 MAD

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

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.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

01/05/1999: Introduction of the third dirham

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

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.

Historic Kazakhstani tenge Moroccan dirham