Moroccan dirham brazilian real exchange rate history (MAD BRL) November 2023

Moroccan dirham brazilian real history for November 2023. The highest quote for this month is 0.50578 (01/11/2023) and the lowest 0.50309 (30/11/2023). The difference between high and low is 0.53.

MAD BRL average rate for November 2023 is 0.48625, the change between 01/11/2023 and 30/11/2023 is +0.25 %.

01 November 2023	1 MAD = 0.4897 BRL
02 November 2023	1 MAD = 0.4807 BRL
03 November 2023	1 MAD = 0.4988 BRL
06 November 2023	1 MAD = 0.4957 BRL
07 November 2023	1 MAD = 0.4786 BRL
08 November 2023	1 MAD = 0.4763 BRL
09 November 2023	1 MAD = 0.4820 BRL
10 November 2023	1 MAD = 0.4825 BRL
12 November 2023	1 MAD = 0.4802 BRL
13 November 2023	1 MAD = 0.4950 BRL
14 November 2023	1 MAD = 0.4802 BRL
15 November 2023	1 MAD = 0.4800 BRL
16 November 2023	1 MAD = 0.4788 BRL
17 November 2023	1 MAD = 0.4789 BRL
18 November 2023	1 MAD = 0.4823 BRL
19 November 2023	1 MAD = 0.4831 BRL
20 November 2023	1 MAD = 0.4927 BRL
21 November 2023	1 MAD = 0.4790 BRL
22 November 2023	1 MAD = 0.4836 BRL
23 November 2023	1 MAD = 0.4997 BRL
24 November 2023	1 MAD = 0.4993 BRL
26 November 2023	1 MAD = 0.4852 BRL
27 November 2023	1 MAD = 0.5014 BRL
28 November 2023	1 MAD = 0.4855 BRL
29 November 2023	1 MAD = 0.4850 BRL
30 November 2023	1 MAD = 0.4885 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.

Historic Moroccan dirham Brazilian Real