Maldivian rufiyaa moroccan dirham exchange rate history (MVR MAD) August 2023

Maldivian rufiyaa moroccan dirham history for August 2023. The highest quote for this month is 0.65531 (24/08/2023) and the lowest 0.65075 (18/08/2023). The difference between high and low is 0.7.

MVR MAD average rate for August 2023 is 0.6394, the change between 01/08/2023 and 31/08/2023 is +0.54 %.

01 August 2023	1 MVR = 0.6458 MAD
02 August 2023	1 MVR = 0.6466 MAD
03 August 2023	1 MVR = 0.6301 MAD
04 August 2023	1 MVR = 0.6435 MAD
07 August 2023	1 MVR = 0.6136 MAD
08 August 2023	1 MVR = 0.6241 MAD
09 August 2023	1 MVR = 0.6150 MAD
10 August 2023	1 MVR = 0.6169 MAD
11 August 2023	1 MVR = 0.6209 MAD
12 August 2023	1 MVR = 0.6400 MAD
14 August 2023	1 MVR = 0.6237 MAD
15 August 2023	1 MVR = 0.6474 MAD
16 August 2023	1 MVR = 0.6452 MAD
17 August 2023	1 MVR = 0.6473 MAD
18 August 2023	1 MVR = 0.6508 MAD
19 August 2023	1 MVR = 0.6474 MAD
20 August 2023	1 MVR = 0.6474 MAD
21 August 2023	1 MVR = 0.6243 MAD
22 August 2023	1 MVR = 0.6545 MAD
23 August 2023	1 MVR = 0.6560 MAD
24 August 2023	1 MVR = 0.6552 MAD
25 August 2023	1 MVR = 0.6584 MAD
28 August 2023	1 MVR = 0.6373 MAD
29 August 2023	1 MVR = 0.6465 MAD
30 August 2023	1 MVR = 0.6443 MAD
31 August 2023	1 MVR = 0.6424 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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

02/06/2014: Introduction of the fourth dirham

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

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

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.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

01/05/1999: Introduction of the third dirham

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

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

Historic Maldivian rufiyaa Moroccan dirham