Moroccan dirham canadian dollar exchange rate history (MAD CAD) December 2023

Moroccan dirham canadian dollar history for December 2023. The highest quote for this month is 0.13846 (25/12/2023) and the lowest 0.13911 (28/12/2023). The difference between high and low is -0.47.

MAD CAD average rate for December 2023 is 0.13488, the change between 01/12/2023 and 31/12/2023 is +3.24 %.

01 December 2023	1 MAD = 0.1389 CAD
02 December 2023	1 MAD = 0.1339 CAD
03 December 2023	1 MAD = 0.1339 CAD
04 December 2023	1 MAD = 0.1382 CAD
05 December 2023	1 MAD = 0.1343 CAD
06 December 2023	1 MAD = 0.1346 CAD
07 December 2023	1 MAD = 0.1346 CAD
08 December 2023	1 MAD = 0.1345 CAD
10 December 2023	1 MAD = 0.1337 CAD
11 December 2023	1 MAD = 0.1381 CAD
12 December 2023	1 MAD = 0.1377 CAD
13 December 2023	1 MAD = 0.1380 CAD
14 December 2023	1 MAD = 0.1326 CAD
15 December 2023	1 MAD = 0.1330 CAD
16 December 2023	1 MAD = 0.1323 CAD
17 December 2023	1 MAD = 0.1321 CAD
18 December 2023	1 MAD = 0.1361 CAD
19 December 2023	1 MAD = 0.1367 CAD
20 December 2023	1 MAD = 0.1320 CAD
21 December 2023	1 MAD = 0.1331 CAD
22 December 2023	1 MAD = 0.1334 CAD
23 December 2023	1 MAD = 0.1339 CAD
24 December 2023	1 MAD = 0.1338 CAD
25 December 2023	1 MAD = 0.1382 CAD
26 December 2023	1 MAD = 0.1381 CAD
27 December 2023	1 MAD = 0.1331 CAD
28 December 2023	1 MAD = 0.1348 CAD
29 December 2023	1 MAD = 0.1338 CAD
31 December 2023	1 MAD = 0.1344 CAD

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.

02/06/2014: Introduction of the fourth dirham

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

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

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.

01/05/1999: Introduction of the third dirham

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

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.

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

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

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

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.

Historic Moroccan dirham Canadian dollar