Moroccan dirham algerian dinar exchange rate history (MAD DZD) August 2023

Moroccan dirham algerian dinar history for August 2023. The highest quote for this month is 14.389 (09/08/2023) and the lowest 14.314 (07/08/2023). The difference between high and low is 0.52.

MAD DZD average rate for August 2023 is 13.89138, the change between 01/08/2023 and 31/08/2023 is -0.92 %.

01 August 2023	1 MAD = 13.72 DZD
02 August 2023	1 MAD = 13.71 DZD
03 August 2023	1 MAD = 14.08 DZD
04 August 2023	1 MAD = 13.79 DZD
07 August 2023	1 MAD = 14.42 DZD
08 August 2023	1 MAD = 14.20 DZD
09 August 2023	1 MAD = 14.43 DZD
10 August 2023	1 MAD = 14.38 DZD
11 August 2023	1 MAD = 14.27 DZD
12 August 2023	1 MAD = 13.71 DZD
14 August 2023	1 MAD = 14.26 DZD
15 August 2023	1 MAD = 13.73 DZD
16 August 2023	1 MAD = 13.71 DZD
17 August 2023	1 MAD = 13.69 DZD
18 August 2023	1 MAD = 13.65 DZD
19 August 2023	1 MAD = 13.59 DZD
20 August 2023	1 MAD = 13.59 DZD
21 August 2023	1 MAD = 14.27 DZD
22 August 2023	1 MAD = 13.63 DZD
23 August 2023	1 MAD = 13.61 DZD
24 August 2023	1 MAD = 13.61 DZD
25 August 2023	1 MAD = 13.56 DZD
28 August 2023	1 MAD = 14.03 DZD
29 August 2023	1 MAD = 13.82 DZD
30 August 2023	1 MAD = 13.88 DZD
31 August 2023	1 MAD = 13.85 DZD

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.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

02/06/2014: Introduction of the fourth dirham

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

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.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

01/05/1999: Introduction of the third dirham

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

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

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

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

Historic Moroccan dirham Algerian dinar