Historic Moroccan dirham Iranian Rial

Moroccan dirham iranian rial history for September 2023. The highest quote for this month is 4266.46 (14/09/2023) and the lowest 4269.62 (14/09/2023). The difference between high and low is -0.07.

MAD IRR average rate for September 2023 is 4151.43957, the change between 01/09/2023 and 30/09/2023 is +4.47 %.

01 September 20231 MAD = 4275.27 IRR
04 September 20231 MAD = 4222.52 IRR
05 September 20231 MAD = 4260.22 IRR
06 September 20231 MAD = 4259.02 IRR
07 September 20231 MAD = 4124.14 IRR
08 September 20231 MAD = 4133.86 IRR
11 September 20231 MAD = 4257.82 IRR
12 September 20231 MAD = 4258.20 IRR
13 September 20231 MAD = 4142.01 IRR
14 September 20231 MAD = 4142.01 IRR
15 September 20231 MAD = 4097.40 IRR
18 September 20231 MAD = 4230.52 IRR
19 September 20231 MAD = 4092.41 IRR
20 September 20231 MAD = 4093.97 IRR
21 September 20231 MAD = 4090.58 IRR
22 September 20231 MAD = 4086.09 IRR
23 September 20231 MAD = 4093.65 IRR
25 September 20231 MAD = 4216.02 IRR
26 September 20231 MAD = 4089.58 IRR
27 September 20231 MAD = 4092.02 IRR
28 September 20231 MAD = 4069.77 IRR
29 September 20231 MAD = 4071.74 IRR
30 September 20231 MAD = 4084.29 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.