Historic Moroccan dirham Iranian Rial

Moroccan dirham iranian rial history for February 2024. The highest quote for this month is 4319.35 (13/02/2024) and the lowest 4344.67 (02/02/2024). The difference between high and low is -0.59.

MAD IRR average rate for February 2024 is 4213.09111, the change between 01/02/2024 and 29/02/2024 is -2.01 %.

01 February 20241 MAD = 4202.34 IRR
02 February 20241 MAD = 4198.32 IRR
03 February 20241 MAD = 4185.10 IRR
04 February 20241 MAD = 4185.10 IRR
05 February 20241 MAD = 4304.86 IRR
06 February 20241 MAD = 4304.89 IRR
07 February 20241 MAD = 4171.80 IRR
08 February 20241 MAD = 4174.95 IRR
09 February 20241 MAD = 4183.93 IRR
12 February 20241 MAD = 4328.88 IRR
13 February 20241 MAD = 4185.35 IRR
14 February 20241 MAD = 4172.96 IRR
15 February 20241 MAD = 4170.80 IRR
16 February 20241 MAD = 4177.52 IRR
17 February 20241 MAD = 4174.29 IRR
18 February 20241 MAD = 4174.29 IRR
19 February 20241 MAD = 4308.82 IRR
20 February 20241 MAD = 4300.11 IRR
21 February 20241 MAD = 4168.15 IRR
22 February 20241 MAD = 4169.81 IRR
23 February 20241 MAD = 4177.94 IRR
24 February 20241 MAD = 4177.94 IRR
25 February 20241 MAD = 4177.94 IRR
26 February 20241 MAD = 4322.89 IRR
27 February 20241 MAD = 4192.45 IRR
28 February 20241 MAD = 4175.37 IRR
29 February 20241 MAD = 4286.66 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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