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

Moroccan dirham algerian dinar history for September 2023. The highest quote for this month is 13.929 (14/09/2023) and the lowest 13.782 (14/09/2023). The difference between high and low is 1.06.

MAD DZD average rate for September 2023 is 13.508, the change between 01/09/2023 and 30/09/2023 is +3.69 %.

01 September 2023	1 MAD = 13.84 DZD
04 September 2023	1 MAD = 13.70 DZD
05 September 2023	1 MAD = 13.81 DZD
06 September 2023	1 MAD = 13.83 DZD
07 September 2023	1 MAD = 13.40 DZD
08 September 2023	1 MAD = 13.46 DZD
11 September 2023	1 MAD = 13.85 DZD
12 September 2023	1 MAD = 13.83 DZD
13 September 2023	1 MAD = 13.48 DZD
14 September 2023	1 MAD = 13.48 DZD
15 September 2023	1 MAD = 13.36 DZD
18 September 2023	1 MAD = 13.78 DZD
19 September 2023	1 MAD = 13.30 DZD
20 September 2023	1 MAD = 13.32 DZD
21 September 2023	1 MAD = 13.30 DZD
22 September 2023	1 MAD = 13.32 DZD
23 September 2023	1 MAD = 13.32 DZD
25 September 2023	1 MAD = 13.73 DZD
26 September 2023	1 MAD = 13.35 DZD
27 September 2023	1 MAD = 13.33 DZD
28 September 2023	1 MAD = 13.28 DZD
29 September 2023	1 MAD = 13.30 DZD
30 September 2023	1 MAD = 13.33 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