Historic Moroccan dirham Iranian Rial

Moroccan dirham iranian rial history for August 2023. The highest quote for this month is 4463.99 (09/08/2023) and the lowest 4483.52 (07/08/2023). The difference between high and low is -0.44.

MAD IRR average rate for August 2023 is 4304.70462, the change between 01/08/2023 and 31/08/2023 is -0.6 %.

01 August 20231 MAD = 4264.39 IRR
02 August 20231 MAD = 4259.20 IRR
03 August 20231 MAD = 4371.09 IRR
04 August 20231 MAD = 4279.53 IRR
07 August 20231 MAD = 4488.34 IRR
08 August 20231 MAD = 4412.70 IRR
09 August 20231 MAD = 4477.81 IRR
10 August 20231 MAD = 4463.99 IRR
11 August 20231 MAD = 4435.63 IRR
12 August 20231 MAD = 4255.62 IRR
14 August 20231 MAD = 4424.36 IRR
15 August 20231 MAD = 4262.17 IRR
16 August 20231 MAD = 4256.99 IRR
17 August 20231 MAD = 4243.71 IRR
18 August 20231 MAD = 4234.68 IRR
19 August 20231 MAD = 4207.03 IRR
20 August 20231 MAD = 4207.03 IRR
21 August 20231 MAD = 4414.48 IRR
22 August 20231 MAD = 4213.69 IRR
23 August 20231 MAD = 4203.78 IRR
24 August 20231 MAD = 4206.29 IRR
25 August 20231 MAD = 4185.76 IRR
28 August 20231 MAD = 4324.14 IRR
29 August 20231 MAD = 4262.61 IRR
30 August 20231 MAD = 4277.39 IRR
31 August 20231 MAD = 4289.91 IRR

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.

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

02/06/2014: Introduction of the fourth dirham

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

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

12/12/1980: Introduction of the second dirham

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

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.
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