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

Moroccan dirham algerian dinar history for October 2023. The highest quote for this month is 13.809 (18/10/2023) and the lowest 13.784 (12/10/2023). The difference between high and low is 0.18.

MAD DZD average rate for October 2023 is 13.4345, the change between 01/10/2023 and 31/10/2023 is +1.07 %.

01 October 2023	1 MAD = 13.33 DZD
02 October 2023	1 MAD = 13.75 DZD
03 October 2023	1 MAD = 13.31 DZD
04 October 2023	1 MAD = 13.32 DZD
05 October 2023	1 MAD = 13.33 DZD
06 October 2023	1 MAD = 13.73 DZD
07 October 2023	1 MAD = 13.37 DZD
09 October 2023	1 MAD = 13.89 DZD
10 October 2023	1 MAD = 13.65 DZD
11 October 2023	1 MAD = 13.35 DZD
12 October 2023	1 MAD = 13.35 DZD
13 October 2023	1 MAD = 13.38 DZD
16 October 2023	1 MAD = 13.89 DZD
17 October 2023	1 MAD = 13.40 DZD
18 October 2023	1 MAD = 13.39 DZD
19 October 2023	1 MAD = 13.81 DZD
20 October 2023	1 MAD = 13.31 DZD
21 October 2023	1 MAD = 13.25 DZD
22 October 2023	1 MAD = 13.25 DZD
23 October 2023	1 MAD = 13.77 DZD
24 October 2023	1 MAD = 13.26 DZD
25 October 2023	1 MAD = 13.26 DZD
26 October 2023	1 MAD = 13.30 DZD
27 October 2023	1 MAD = 13.30 DZD
28 October 2023	1 MAD = 13.19 DZD
29 October 2023	1 MAD = 13.21 DZD
30 October 2023	1 MAD = 13.64 DZD
31 October 2023	1 MAD = 13.19 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