Historic Moroccan dirham Iraqi dinar

Moroccan dirham iraqi dinar history for January 2024. The highest quote for this month is 133.65 (01/01/2024) and the lowest 134.16 (04/01/2024). The difference between high and low is -0.38.

MAD IQD average rate for January 2024 is 131.88519, the change between 01/01/2024 and 31/01/2024 is +2.16 %.

01 January 20241 MAD = 133.7 IQD
02 January 20241 MAD = 133.7 IQD
03 January 20241 MAD = 131.8 IQD
04 January 20241 MAD = 131.8 IQD
05 January 20241 MAD = 132.2 IQD
06 January 20241 MAD = 131.6 IQD
07 January 20241 MAD = 132.0 IQD
08 January 20241 MAD = 133.1 IQD
09 January 20241 MAD = 131.8 IQD
10 January 20241 MAD = 133.0 IQD
11 January 20241 MAD = 131.5 IQD
12 January 20241 MAD = 129.0 IQD
14 January 20241 MAD = 131.6 IQD
15 January 20241 MAD = 132.9 IQD
16 January 20241 MAD = 133.0 IQD
17 January 20241 MAD = 132.7 IQD
18 January 20241 MAD = 131.1 IQD
19 January 20241 MAD = 131.0 IQD
22 January 20241 MAD = 133.1 IQD
23 January 20241 MAD = 131.6 IQD
24 January 20241 MAD = 131.1 IQD
25 January 20241 MAD = 131.4 IQD
26 January 20241 MAD = 131.1 IQD
28 January 20241 MAD = 131.3 IQD
29 January 20241 MAD = 133.0 IQD
30 January 20241 MAD = 130.5 IQD
31 January 20241 MAD = 130.8 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

02/06/2014: Introduction of the fourth dirham

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

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

12/12/1980: Introduction of the second dirham

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

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
MAD IQD January 2024
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MAD IQD January 2025