Historic Moroccan dirham Canadian dollar

Moroccan dirham canadian dollar history for January 2024. The highest quote for this month is 0.13988 (17/01/2024) and the lowest 0.13994 (25/01/2024). The difference between high and low is -0.04.

MAD CAD average rate for January 2024 is 0.13609, the change between 01/01/2024 and 31/01/2024 is +2.75 %.

01 January 20241 MAD = 0.1378 CAD
02 January 20241 MAD = 0.1377 CAD
03 January 20241 MAD = 0.1342 CAD
04 January 20241 MAD = 0.1345 CAD
05 January 20241 MAD = 0.1350 CAD
06 January 20241 MAD = 0.1343 CAD
07 January 20241 MAD = 0.1347 CAD
08 January 20241 MAD = 0.1390 CAD
09 January 20241 MAD = 0.1345 CAD
10 January 20241 MAD = 0.1389 CAD
11 January 20241 MAD = 0.1345 CAD
12 January 20241 MAD = 0.1345 CAD
14 January 20241 MAD = 0.1348 CAD
15 January 20241 MAD = 0.1392 CAD
16 January 20241 MAD = 0.1395 CAD
17 January 20241 MAD = 0.1394 CAD
18 January 20241 MAD = 0.1352 CAD
19 January 20241 MAD = 0.1350 CAD
22 January 20241 MAD = 0.1395 CAD
23 January 20241 MAD = 0.1356 CAD
24 January 20241 MAD = 0.1348 CAD
25 January 20241 MAD = 0.1359 CAD
26 January 20241 MAD = 0.1351 CAD
27 January 20241 MAD = 0.1352 CAD
28 January 20241 MAD = 0.1349 CAD
29 January 20241 MAD = 0.1394 CAD
30 January 20241 MAD = 0.1339 CAD
31 January 20241 MAD = 0.1340 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.
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