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

Malaysian ringgit moroccan dirham history for November 2023. The highest quote for this month is 2.1867 (07/11/2023) and the lowest 2.1708 (18/11/2023). The difference between high and low is 0.73.

MYR MAD average rate for November 2023 is 2.14981, the change between 01/11/2023 and 30/11/2023 is +0.47 %.

01 November 2023	1 MYR = 2.160 MAD
02 November 2023	1 MYR = 2.161 MAD
03 November 2023	1 MYR = 2.091 MAD
06 November 2023	1 MYR = 2.091 MAD
07 November 2023	1 MYR = 2.203 MAD
08 November 2023	1 MYR = 2.207 MAD
09 November 2023	1 MYR = 2.176 MAD
10 November 2023	1 MYR = 2.180 MAD
12 November 2023	1 MYR = 2.170 MAD
13 November 2023	1 MYR = 2.108 MAD
14 November 2023	1 MYR = 2.171 MAD
15 November 2023	1 MYR = 2.148 MAD
16 November 2023	1 MYR = 2.174 MAD
17 November 2023	1 MYR = 2.174 MAD
18 November 2023	1 MYR = 2.171 MAD
19 November 2023	1 MYR = 2.170 MAD
20 November 2023	1 MYR = 2.095 MAD
21 November 2023	1 MYR = 2.173 MAD
22 November 2023	1 MYR = 2.179 MAD
23 November 2023	1 MYR = 2.100 MAD
24 November 2023	1 MYR = 2.100 MAD
26 November 2023	1 MYR = 2.155 MAD
27 November 2023	1 MYR = 2.087 MAD
28 November 2023	1 MYR = 2.154 MAD
29 November 2023	1 MYR = 2.150 MAD
30 November 2023	1 MYR = 2.150 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