Historic Moroccan dirham Georgian Lari

Moroccan dirham georgian lari history for December 2023. The highest quote for this month is 0.27972 (29/12/2023) and the lowest 0.28303 (28/12/2023). The difference between high and low is -1.18.

MAD GEL average rate for December 2023 is 0.26962, the change between 01/12/2023 and 31/12/2023 is +1.82 %.

01 December 20231 MAD = 0.2764 GEL
02 December 20231 MAD = 0.2671 GEL
04 December 20231 MAD = 0.2758 GEL
05 December 20231 MAD = 0.2664 GEL
06 December 20231 MAD = 0.2658 GEL
07 December 20231 MAD = 0.2651 GEL
08 December 20231 MAD = 0.2640 GEL
11 December 20231 MAD = 0.2705 GEL
12 December 20231 MAD = 0.2696 GEL
13 December 20231 MAD = 0.2706 GEL
14 December 20231 MAD = 0.2615 GEL
15 December 20231 MAD = 0.2654 GEL
16 December 20231 MAD = 0.2641 GEL
18 December 20231 MAD = 0.2716 GEL
19 December 20231 MAD = 0.2725 GEL
20 December 20231 MAD = 0.2646 GEL
21 December 20231 MAD = 0.2665 GEL
22 December 20231 MAD = 0.2690 GEL
23 December 20231 MAD = 0.2701 GEL
25 December 20231 MAD = 0.2792 GEL
26 December 20231 MAD = 0.2793 GEL
27 December 20231 MAD = 0.2705 GEL
28 December 20231 MAD = 0.2738 GEL
29 December 20231 MAD = 0.2714 GEL

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.

13/03/2020: COVID-19 Impact

The outbreak of the COVID-19 pandemic caused global economic uncertainty, leading to a decline in the value of the Georgian Lari and affecting the country's financial stability.

25/01/2016: Currency Restructuring

The National Bank of Georgia implemented currency restructuring measures to stabilize the value of the Lari and restore confidence in the national currency.

02/06/2014: Introduction of the fourth dirham

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

10/03/2011: Lari Depreciation

The Georgian Lari experienced a sharp depreciation, reaching a record low against the U.S. dollar, due to various economic factors and a global financial crisis.

13/08/2008: Russian Invasion

During the Russo-Georgian War, the Georgian Lari faced significant devaluation due to the economic and political instability caused by the invasion.

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.

01/01/2002: Euro Conversion Rate

The conversion rate of 1 Euro = 1936.27 GEL was fixed, as Georgia adopted the Euro as its main reference currency.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

27/04/1999: Introduction of New Lari

The New Lari was introduced as the second and current official currency of Georgia, replacing the old Lari at a rate of 1 New Lari = 1,000 old Lari.

25/07/1995: Introduction of the Lari

The Georgian Lari was introduced as the official currency of Georgia, replacing the Russian ruble at a rate of 1 Lari = 1 million rubles.

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.
MAD GEL July 2023
MAD GEL August 2023
MAD GEL September 2023
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MAD GEL December 2023
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