Historic Moroccan dirham Algerian dinar

Moroccan dirham algerian dinar history for January 2024. The highest quote for this month is 13.956 (04/01/2024) and the lowest 13.914 (01/01/2024). The difference between high and low is 0.3.

MAD DZD average rate for January 2024 is 13.61596, the change between 01/01/2024 and 31/01/2024 is +3.75 %.

01 January 20241 MAD = 13.93 DZD
02 January 20241 MAD = 13.91 DZD
03 January 20241 MAD = 13.52 DZD
04 January 20241 MAD = 13.52 DZD
05 January 20241 MAD = 13.55 DZD
06 January 20241 MAD = 13.48 DZD
07 January 20241 MAD = 13.52 DZD
08 January 20241 MAD = 13.94 DZD
09 January 20241 MAD = 13.50 DZD
10 January 20241 MAD = 13.90 DZD
11 January 20241 MAD = 13.48 DZD
12 January 20241 MAD = 13.46 DZD
14 January 20241 MAD = 13.50 DZD
15 January 20241 MAD = 13.92 DZD
16 January 20241 MAD = 13.93 DZD
17 January 20241 MAD = 13.86 DZD
18 January 20241 MAD = 13.44 DZD
19 January 20241 MAD = 13.45 DZD
22 January 20241 MAD = 13.90 DZD
23 January 20241 MAD = 13.46 DZD
24 January 20241 MAD = 13.44 DZD
25 January 20241 MAD = 13.44 DZD
26 January 20241 MAD = 13.44 DZD
28 January 20241 MAD = 13.46 DZD
29 January 20241 MAD = 13.89 DZD
30 January 20241 MAD = 13.40 DZD
31 January 20241 MAD = 13.41 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.