Malaysian ringgit moroccan dirham exchange rate history (MYR MAD) December 2023

Malaysian ringgit moroccan dirham history for December 2023. The highest quote for this month is 2.1795 (10/12/2023) and the lowest 2.1721 (10/12/2023). The difference between high and low is 0.34.

MYR MAD average rate for December 2023 is 2.13507, the change between 01/12/2023 and 31/12/2023 is -2.41 %.

01 December 2023	1 MYR = 2.096 MAD
02 December 2023	1 MYR = 2.158 MAD
03 December 2023	1 MYR = 2.159 MAD
04 December 2023	1 MYR = 2.090 MAD
05 December 2023	1 MYR = 2.158 MAD
06 December 2023	1 MYR = 2.165 MAD
07 December 2023	1 MYR = 2.163 MAD
08 December 2023	1 MYR = 2.164 MAD
10 December 2023	1 MYR = 2.179 MAD
11 December 2023	1 MYR = 2.109 MAD
12 December 2023	1 MYR = 2.107 MAD
13 December 2023	1 MYR = 2.102 MAD
14 December 2023	1 MYR = 2.169 MAD
15 December 2023	1 MYR = 2.159 MAD
16 December 2023	1 MYR = 2.167 MAD
17 December 2023	1 MYR = 2.167 MAD
18 December 2023	1 MYR = 2.106 MAD
19 December 2023	1 MYR = 2.089 MAD
20 December 2023	1 MYR = 2.157 MAD
21 December 2023	1 MYR = 2.156 MAD
22 December 2023	1 MYR = 2.140 MAD
23 December 2023	1 MYR = 2.142 MAD
24 December 2023	1 MYR = 2.142 MAD
25 December 2023	1 MYR = 2.061 MAD
26 December 2023	1 MYR = 2.073 MAD
27 December 2023	1 MYR = 2.138 MAD
28 December 2023	1 MYR = 2.117 MAD
29 December 2023	1 MYR = 2.147 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.

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

02/06/2014: Introduction of the fourth dirham

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

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

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

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

Historic Malaysian ringgit Moroccan dirham