Moroccan dirham ethiopian birr exchange rate history (MAD ETB) August 2023

Moroccan dirham ethiopian birr history for August 2023. The highest quote for this month is 5.8333 (09/08/2023) and the lowest 5.8481 (09/08/2023). The difference between high and low is -0.25.

MAD ETB average rate for August 2023 is 5.63522, the change between 01/08/2023 and 31/08/2023 is -1.25 %.

01 August 2023	1 MAD = 5.55 ETB
02 August 2023	1 MAD = 5.54 ETB
03 August 2023	1 MAD = 5.72 ETB
04 August 2023	1 MAD = 5.57 ETB
07 August 2023	1 MAD = 5.82 ETB
08 August 2023	1 MAD = 5.76 ETB
09 August 2023	1 MAD = 5.85 ETB
10 August 2023	1 MAD = 5.83 ETB
11 August 2023	1 MAD = 5.80 ETB
14 August 2023	1 MAD = 5.80 ETB
15 August 2023	1 MAD = 5.56 ETB
16 August 2023	1 MAD = 5.56 ETB
17 August 2023	1 MAD = 5.54 ETB
18 August 2023	1 MAD = 5.53 ETB
21 August 2023	1 MAD = 5.76 ETB
22 August 2023	1 MAD = 5.50 ETB
23 August 2023	1 MAD = 5.50 ETB
24 August 2023	1 MAD = 5.50 ETB
25 August 2023	1 MAD = 5.47 ETB
28 August 2023	1 MAD = 5.64 ETB
29 August 2023	1 MAD = 5.58 ETB
30 August 2023	1 MAD = 5.60 ETB
31 August 2023	1 MAD = 5.62 ETB

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.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.

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.

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

12/12/1980: Introduction of the second dirham

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

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

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

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

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

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

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.

Historic Moroccan dirham Ethiopian birr