Moroccan dirham iranian rial exchange rate history (MAD IRR) December 2023

Moroccan dirham iranian rial history for December 2023. The highest quote for this month is 4381.3 (29/12/2023) and the lowest 4434.91 (28/12/2023). The difference between high and low is -1.22.

MAD IRR average rate for December 2023 is 4222.83964, the change between 01/12/2023 and 31/12/2023 is +1.19 %.

01 December 2023	1 MAD = 4302.14 IRR
02 December 2023	1 MAD = 4166.01 IRR
03 December 2023	1 MAD = 4164.93 IRR
04 December 2023	1 MAD = 4301.82 IRR
05 December 2023	1 MAD = 4167.49 IRR
06 December 2023	1 MAD = 4162.95 IRR
07 December 2023	1 MAD = 4162.95 IRR
08 December 2023	1 MAD = 4154.30 IRR
10 December 2023	1 MAD = 4133.74 IRR
11 December 2023	1 MAD = 4274.63 IRR
12 December 2023	1 MAD = 4260.11 IRR
13 December 2023	1 MAD = 4267.35 IRR
14 December 2023	1 MAD = 4121.69 IRR
15 December 2023	1 MAD = 4166.25 IRR
16 December 2023	1 MAD = 4151.31 IRR
17 December 2023	1 MAD = 4151.31 IRR
18 December 2023	1 MAD = 4270.34 IRR
19 December 2023	1 MAD = 4285.96 IRR
20 December 2023	1 MAD = 4158.42 IRR
21 December 2023	1 MAD = 4185.76 IRR
22 December 2023	1 MAD = 4220.65 IRR
23 December 2023	1 MAD = 4235.88 IRR
24 December 2023	1 MAD = 4235.24 IRR
25 December 2023	1 MAD = 4379.74 IRR
26 December 2023	1 MAD = 4379.41 IRR
27 December 2023	1 MAD = 4237.72 IRR
28 December 2023	1 MAD = 4290.45 IRR
29 December 2023	1 MAD = 4250.96 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.

Historic Moroccan dirham Iranian Rial