Historic Moroccan dirham Costa Rican colón

Moroccan dirham costa rican colón history for August 2023. The highest quote for this month is 56.13 (09/08/2023) and the lowest 56.266 (04/08/2023). The difference between high and low is -0.24.

MAD CRC average rate for August 2023 is 53.93354, the change between 01/08/2023 and 31/08/2023 is -0.3 %.

01 August 20231 MAD = 53.60 CRC
02 August 20231 MAD = 53.98 CRC
03 August 20231 MAD = 55.46 CRC
04 August 20231 MAD = 54.15 CRC
07 August 20231 MAD = 56.27 CRC
08 August 20231 MAD = 55.38 CRC
09 August 20231 MAD = 56.31 CRC
10 August 20231 MAD = 55.87 CRC
11 August 20231 MAD = 55.29 CRC
12 August 20231 MAD = 54.02 CRC
14 August 20231 MAD = 55.21 CRC
15 August 20231 MAD = 53.01 CRC
16 August 20231 MAD = 52.91 CRC
17 August 20231 MAD = 52.84 CRC
18 August 20231 MAD = 52.70 CRC
19 August 20231 MAD = 53.23 CRC
20 August 20231 MAD = 53.23 CRC
21 August 20231 MAD = 54.56 CRC
22 August 20231 MAD = 52.17 CRC
23 August 20231 MAD = 52.29 CRC
24 August 20231 MAD = 52.58 CRC
25 August 20231 MAD = 52.43 CRC
28 August 20231 MAD = 54.15 CRC
29 August 20231 MAD = 53.36 CRC
30 August 20231 MAD = 53.55 CRC
31 August 20231 MAD = 53.76 CRC

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.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

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.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

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.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

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

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

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.