Moroccan dirham euro exchange rate history (MAD EUR) August 2023

Moroccan dirham euro history for August 2023. The highest quote for this month is 0.09695 (09/08/2023) and the lowest 0.09694 (07/08/2023). The difference between high and low is 0.01.

MAD EUR average rate for August 2023 is 0.09409, the change between 01/08/2023 and 31/08/2023 is -1.14 %.

01 August 2023	1 MAD = 0.0923 EUR
02 August 2023	1 MAD = 0.0921 EUR
03 August 2023	1 MAD = 0.0951 EUR
04 August 2023	1 MAD = 0.0930 EUR
07 August 2023	1 MAD = 0.0971 EUR
08 August 2023	1 MAD = 0.0954 EUR
09 August 2023	1 MAD = 0.0972 EUR
10 August 2023	1 MAD = 0.0968 EUR
11 August 2023	1 MAD = 0.0961 EUR
14 August 2023	1 MAD = 0.0962 EUR
15 August 2023	1 MAD = 0.0930 EUR
16 August 2023	1 MAD = 0.0929 EUR
17 August 2023	1 MAD = 0.0929 EUR
18 August 2023	1 MAD = 0.0927 EUR
21 August 2023	1 MAD = 0.0966 EUR
22 August 2023	1 MAD = 0.0921 EUR
23 August 2023	1 MAD = 0.0923 EUR
24 August 2023	1 MAD = 0.0921 EUR
25 August 2023	1 MAD = 0.0922 EUR
28 August 2023	1 MAD = 0.0953 EUR
29 August 2023	1 MAD = 0.0937 EUR
30 August 2023	1 MAD = 0.0936 EUR
31 August 2023	1 MAD = 0.0934 EUR

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.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

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.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

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 the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.

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

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

Historic Moroccan dirham Euro