Historic Moroccan dirham Iranian Rial

Moroccan dirham iranian rial history for January 2024. The highest quote for this month is 4375.89 (04/01/2024) and the lowest 4396.99 (05/01/2024). The difference between high and low is -0.48.

MAD IRR average rate for January 2024 is 4266.16074, the change between 01/01/2024 and 31/01/2024 is +3.93 %.

01 January 20241 MAD = 4370.71 IRR
02 January 20241 MAD = 4366.76 IRR
03 January 20241 MAD = 4230.89 IRR
04 January 20241 MAD = 4230.89 IRR
05 January 20241 MAD = 4247.09 IRR
06 January 20241 MAD = 4222.76 IRR
07 January 20241 MAD = 4235.15 IRR
08 January 20241 MAD = 4371.01 IRR
09 January 20241 MAD = 4230.89 IRR
10 January 20241 MAD = 4355.95 IRR
11 January 20241 MAD = 4222.80 IRR
12 January 20241 MAD = 4222.80 IRR
14 January 20241 MAD = 4222.89 IRR
15 January 20241 MAD = 4358.47 IRR
16 January 20241 MAD = 4359.18 IRR
17 January 20241 MAD = 4338.65 IRR
18 January 20241 MAD = 4207.55 IRR
19 January 20241 MAD = 4205.05 IRR
22 January 20241 MAD = 4362.47 IRR
23 January 20241 MAD = 4227.87 IRR
24 January 20241 MAD = 4210.67 IRR
25 January 20241 MAD = 4221.92 IRR
26 January 20241 MAD = 4208.42 IRR
28 January 20241 MAD = 4211.79 IRR
29 January 20241 MAD = 4350.86 IRR
30 January 20241 MAD = 4194.11 IRR
31 January 20241 MAD = 4198.74 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.
MAD IRR July 2023
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