Historic Moroccan dirham Ethiopian birr

Moroccan dirham ethiopian birr history for January 2024. The highest quote for this month is 5.8582 (03/01/2024) and the lowest 5.8482 (01/01/2024). The difference between high and low is 0.17.

MAD ETB average rate for January 2024 is 5.71023, the change between 01/01/2024 and 31/01/2024 is +4.1 %.

01 January 20241 MAD = 5.85 ETB
02 January 20241 MAD = 5.85 ETB
03 January 20241 MAD = 5.63 ETB
04 January 20241 MAD = 5.63 ETB
05 January 20241 MAD = 5.64 ETB
08 January 20241 MAD = 5.79 ETB
09 January 20241 MAD = 5.64 ETB
10 January 20241 MAD = 5.84 ETB
11 January 20241 MAD = 5.66 ETB
12 January 20241 MAD = 5.66 ETB
15 January 20241 MAD = 5.84 ETB
16 January 20241 MAD = 5.84 ETB
17 January 20241 MAD = 5.83 ETB
18 January 20241 MAD = 5.61 ETB
19 January 20241 MAD = 5.61 ETB
22 January 20241 MAD = 5.85 ETB
23 January 20241 MAD = 5.63 ETB
24 January 20241 MAD = 5.62 ETB
25 January 20241 MAD = 5.64 ETB
26 January 20241 MAD = 5.62 ETB
29 January 20241 MAD = 5.84 ETB
30 January 20241 MAD = 5.60 ETB
31 January 20241 MAD = 5.61 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.
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