Moroccan dirham japanese yen exchange rate history (MAD JPY) September 2023

Moroccan dirham japanese yen history for September 2023. The highest quote for this month is 14.987 (14/09/2023) and the lowest 15.025 (25/09/2023). The difference between high and low is -0.25.

MAD JPY average rate for September 2023 is 14.59939, the change between 01/09/2023 and 30/09/2023 is +1.87 %.

01 September 2023	1 MAD = 14.80 JPY
04 September 2023	1 MAD = 14.68 JPY
05 September 2023	1 MAD = 14.86 JPY
06 September 2023	1 MAD = 14.94 JPY
07 September 2023	1 MAD = 14.50 JPY
08 September 2023	1 MAD = 14.50 JPY
11 September 2023	1 MAD = 14.91 JPY
12 September 2023	1 MAD = 14.87 JPY
13 September 2023	1 MAD = 14.51 JPY
14 September 2023	1 MAD = 14.53 JPY
15 September 2023	1 MAD = 14.38 JPY
18 September 2023	1 MAD = 14.89 JPY
19 September 2023	1 MAD = 14.37 JPY
20 September 2023	1 MAD = 14.40 JPY
21 September 2023	1 MAD = 14.45 JPY
22 September 2023	1 MAD = 14.36 JPY
23 September 2023	1 MAD = 14.46 JPY
25 September 2023	1 MAD = 14.90 JPY
26 September 2023	1 MAD = 14.49 JPY
27 September 2023	1 MAD = 14.51 JPY
28 September 2023	1 MAD = 14.49 JPY
29 September 2023	1 MAD = 14.48 JPY
30 September 2023	1 MAD = 14.52 JPY

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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

02/06/2014: Introduction of the fourth dirham

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

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

12/12/1980: Introduction of the second dirham

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

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

Historic Moroccan dirham Japanese Yen