Moroccan dirham cayman islands dollar exchange rate history (MAD KYD) August 2023

Moroccan dirham cayman islands dollar history for August 2023. The highest quote for this month is 0.086592 (09/08/2023) and the lowest 0.086823 (09/08/2023). The difference between high and low is -0.27.

MAD KYD average rate for August 2023 is 0.08361, the change between 01/08/2023 and 31/08/2023 is -0.52 %.

01 August 2023	1 MAD = 0.0828 KYD
02 August 2023	1 MAD = 0.0827 KYD
03 August 2023	1 MAD = 0.0849 KYD
04 August 2023	1 MAD = 0.0830 KYD
07 August 2023	1 MAD = 0.0865 KYD
08 August 2023	1 MAD = 0.0855 KYD
09 August 2023	1 MAD = 0.0868 KYD
10 August 2023	1 MAD = 0.0866 KYD
11 August 2023	1 MAD = 0.0860 KYD
12 August 2023	1 MAD = 0.0831 KYD
14 August 2023	1 MAD = 0.0861 KYD
15 August 2023	1 MAD = 0.0827 KYD
16 August 2023	1 MAD = 0.0826 KYD
17 August 2023	1 MAD = 0.0824 KYD
18 August 2023	1 MAD = 0.0821 KYD
20 August 2023	1 MAD = 0.0821 KYD
21 August 2023	1 MAD = 0.0854 KYD
22 August 2023	1 MAD = 0.0817 KYD
23 August 2023	1 MAD = 0.0816 KYD
24 August 2023	1 MAD = 0.0815 KYD
25 August 2023	1 MAD = 0.0812 KYD
28 August 2023	1 MAD = 0.0839 KYD
29 August 2023	1 MAD = 0.0827 KYD
30 August 2023	1 MAD = 0.0829 KYD
31 August 2023	1 MAD = 0.0833 KYD

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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

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.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/05/1999: Introduction of the third dirham

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

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

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

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

Historic Moroccan dirham Cayman Islands dollar