Historic Moroccan dirham Brazilian Real

Moroccan dirham brazilian real history for February 2024. The highest quote for this month is 0.5127 (26/02/2024) and the lowest 0.51086 (12/02/2024). The difference between high and low is 0.36.

MAD BRL average rate for February 2024 is 0.4976, the change between 01/02/2024 and 29/02/2024 is -2.3 %.

01 February 20241 MAD = 0.4953 BRL
02 February 20241 MAD = 0.4913 BRL
03 February 20241 MAD = 0.4953 BRL
04 February 20241 MAD = 0.4953 BRL
05 February 20241 MAD = 0.5053 BRL
06 February 20241 MAD = 0.5074 BRL
07 February 20241 MAD = 0.4928 BRL
08 February 20241 MAD = 0.4940 BRL
09 February 20241 MAD = 0.4971 BRL
12 February 20241 MAD = 0.5105 BRL
13 February 20241 MAD = 0.4935 BRL
14 February 20241 MAD = 0.4920 BRL
15 February 20241 MAD = 0.4934 BRL
16 February 20241 MAD = 0.4945 BRL
17 February 20241 MAD = 0.4936 BRL
18 February 20241 MAD = 0.4938 BRL
19 February 20241 MAD = 0.5094 BRL
20 February 20241 MAD = 0.5075 BRL
21 February 20241 MAD = 0.4887 BRL
22 February 20241 MAD = 0.4898 BRL
23 February 20241 MAD = 0.4936 BRL
24 February 20241 MAD = 0.4968 BRL
25 February 20241 MAD = 0.4968 BRL
26 February 20241 MAD = 0.5139 BRL
27 February 20241 MAD = 0.4970 BRL
28 February 20241 MAD = 0.4904 BRL
29 February 20241 MAD = 0.5067 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.
MAD BRL June 2023
MAD BRL July 2023
MAD BRL August 2023
MAD BRL September 2023
MAD BRL October 2023
MAD BRL November 2023
MAD BRL December 2023
MAD BRL January 2024
MAD BRL February 2024
MAD BRL March 2024
MAD BRL April 2024
MAD BRL May 2024
MAD BRL June 2024