Historic Moroccan dirham Kazakhstani tenge

Moroccan dirham kazakhstani tenge history for February 2024. The highest quote for this month is 46.059 (26/02/2024) and the lowest 46.454 (05/02/2024). The difference between high and low is -0.86.

MAD KZT average rate for February 2024 is 44.97396, the change between 01/02/2024 and 29/02/2024 is -2.05 %.

01 February 20241 MAD = 44.65 KZT
02 February 20241 MAD = 44.71 KZT
03 February 20241 MAD = 45.01 KZT
04 February 20241 MAD = 45.01 KZT
05 February 20241 MAD = 46.45 KZT
06 February 20241 MAD = 46.46 KZT
07 February 20241 MAD = 44.77 KZT
08 February 20241 MAD = 44.81 KZT
09 February 20241 MAD = 44.58 KZT
12 February 20241 MAD = 45.71 KZT
13 February 20241 MAD = 44.41 KZT
14 February 20241 MAD = 44.28 KZT
15 February 20241 MAD = 44.25 KZT
16 February 20241 MAD = 44.34 KZT
17 February 20241 MAD = 44.66 KZT
18 February 20241 MAD = 44.66 KZT
19 February 20241 MAD = 45.87 KZT
20 February 20241 MAD = 45.90 KZT
21 February 20241 MAD = 44.70 KZT
22 February 20241 MAD = 44.47 KZT
23 February 20241 MAD = 44.67 KZT
24 February 20241 MAD = 44.69 KZT
25 February 20241 MAD = 44.69 KZT
26 February 20241 MAD = 46.09 KZT
27 February 20241 MAD = 44.45 KZT
28 February 20241 MAD = 44.46 KZT
29 February 20241 MAD = 45.57 KZT

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

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.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

01/05/1999: Introduction of the third dirham

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

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.

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

The Moroccan franc was introduced as the official currency of Morocco.
MAD KZT January 2024
MAD KZT February 2024
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