Historic Malaysian ringgit Moroccan dirham

Malaysian ringgit moroccan dirham history for February 2024. The highest quote for this month is 2.1309 (03/02/2024) and the lowest 2.1284 (04/02/2024). The difference between high and low is 0.12.

MYR MAD average rate for February 2024 is 2.09381, the change between 01/02/2024 and 29/02/2024 is +2.76 %.

01 February 20241 MYR = 2.115 MAD
02 February 20241 MYR = 2.117 MAD
03 February 20241 MYR = 2.128 MAD
04 February 20241 MYR = 2.128 MAD
05 February 20241 MYR = 2.071 MAD
06 February 20241 MYR = 2.055 MAD
07 February 20241 MYR = 2.114 MAD
08 February 20241 MYR = 2.114 MAD
09 February 20241 MYR = 2.106 MAD
12 February 20241 MYR = 2.037 MAD
13 February 20241 MYR = 2.107 MAD
14 February 20241 MYR = 2.113 MAD
15 February 20241 MYR = 2.105 MAD
16 February 20241 MYR = 2.104 MAD
17 February 20241 MYR = 2.106 MAD
18 February 20241 MYR = 2.106 MAD
19 February 20241 MYR = 2.040 MAD
20 February 20241 MYR = 2.041 MAD
21 February 20241 MYR = 2.102 MAD
22 February 20241 MYR = 2.103 MAD
23 February 20241 MYR = 2.106 MAD
24 February 20241 MYR = 2.105 MAD
25 February 20241 MYR = 2.105 MAD
26 February 20241 MYR = 2.036 MAD
27 February 20241 MYR = 2.098 MAD
28 February 20241 MYR = 2.113 MAD
29 February 20241 MYR = 2.057 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.
MYR MAD January 2024
MYR MAD February 2024
MYR MAD March 2024
MYR MAD April 2024
MYR MAD May 2024
MYR MAD June 2024
MYR MAD July 2024
MYR MAD August 2024
MYR MAD September 2024
MYR MAD October 2024
MYR MAD November 2024
MYR MAD December 2024
MYR MAD January 2025