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

Moroccan dirham cayman islands dollar history for September 2023. The highest quote for this month is 0.082754 (14/09/2023) and the lowest 0.082798 (14/09/2023). The difference between high and low is -0.05.

MAD KYD average rate for September 2023 is 0.08055, the change between 01/09/2023 and 30/09/2023 is +3.83 %.

01 September 2023	1 MAD = 0.0829 KYD
04 September 2023	1 MAD = 0.0823 KYD
05 September 2023	1 MAD = 0.0827 KYD
06 September 2023	1 MAD = 0.0827 KYD
07 September 2023	1 MAD = 0.0799 KYD
08 September 2023	1 MAD = 0.0802 KYD
11 September 2023	1 MAD = 0.0824 KYD
12 September 2023	1 MAD = 0.0825 KYD
13 September 2023	1 MAD = 0.0804 KYD
14 September 2023	1 MAD = 0.0804 KYD
15 September 2023	1 MAD = 0.0794 KYD
18 September 2023	1 MAD = 0.0819 KYD
19 September 2023	1 MAD = 0.0793 KYD
20 September 2023	1 MAD = 0.0794 KYD
21 September 2023	1 MAD = 0.0794 KYD
22 September 2023	1 MAD = 0.0793 KYD
23 September 2023	1 MAD = 0.0799 KYD
25 September 2023	1 MAD = 0.0815 KYD
26 September 2023	1 MAD = 0.0793 KYD
27 September 2023	1 MAD = 0.0793 KYD
28 September 2023	1 MAD = 0.0790 KYD
29 September 2023	1 MAD = 0.0790 KYD
30 September 2023	1 MAD = 0.0797 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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