Historic Moroccan dirham Brazilian Real

Moroccan dirham brazilian real history since 28/03/2024 until today (0 years). Search for MAD to BRL exchange rate history for a particular date, month or year.

is the currency (supplied by Bank Al-Maghrib and the Brazilian Real the currency of Brazil supplied by Central Bank of Brazil. The MAD BRL historical data can be seen on the Moroccan dirham brazilian real historical chart.

29 February 20241 MAD = 0.5067 BRL
01 March 20241 MAD = 0.4921 BRL
03 March 20241 MAD = 0.4917 BRL
04 March 20241 MAD = 0.5094 BRL
05 March 20241 MAD = 0.5061 BRL
06 March 20241 MAD = 0.5085 BRL
07 March 20241 MAD = 0.4939 BRL
08 March 20241 MAD = 0.5111 BRL
10 March 20241 MAD = 0.4965 BRL
11 March 20241 MAD = 0.5131 BRL
12 March 20241 MAD = 0.4970 BRL

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.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

02/06/2014: Introduction of the fourth dirham

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

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

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.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

01/05/1999: Introduction of the third dirham

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

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat 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.

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

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