Historic Malaysian ringgit Moroccan dirham

Malaysian ringgit moroccan dirham history for January 2024. The highest quote for this month is 2.1468 (02/01/2024) and the lowest 2.1362 (14/01/2024). The difference between high and low is 0.49.

MYR MAD average rate for January 2024 is 2.10887, the change between 01/01/2024 and 31/01/2024 is -1.17 %.

01 January 20241 MYR = 2.092 MAD
02 January 20241 MYR = 2.094 MAD
03 January 20241 MYR = 2.158 MAD
04 January 20241 MYR = 2.158 MAD
05 January 20241 MYR = 2.136 MAD
06 January 20241 MYR = 2.138 MAD
07 January 20241 MYR = 2.135 MAD
08 January 20241 MYR = 2.066 MAD
09 January 20241 MYR = 2.135 MAD
10 January 20241 MYR = 2.078 MAD
11 January 20241 MYR = 2.143 MAD
12 January 20241 MYR = 2.142 MAD
14 January 20241 MYR = 2.141 MAD
15 January 20241 MYR = 2.075 MAD
16 January 20241 MYR = 2.065 MAD
17 January 20241 MYR = 2.085 MAD
18 January 20241 MYR = 2.118 MAD
19 January 20241 MYR = 2.118 MAD
22 January 20241 MYR = 2.043 MAD
23 January 20241 MYR = 2.104 MAD
24 January 20241 MYR = 2.113 MAD
25 January 20241 MYR = 2.106 MAD
26 January 20241 MYR = 2.110 MAD
28 January 20241 MYR = 2.111 MAD
29 January 20241 MYR = 2.043 MAD
30 January 20241 MYR = 2.118 MAD
31 January 20241 MYR = 2.117 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 June 2023
MYR MAD July 2023
MYR MAD August 2023
MYR MAD September 2023
MYR MAD October 2023
MYR MAD November 2023
MYR MAD December 2023
MYR MAD January 2024
MYR MAD February 2024
MYR MAD March 2024
MYR MAD April 2024
MYR MAD May 2024
MYR MAD June 2024