Historic Moroccan dirham Kazakhstani tenge

Moroccan dirham kazakhstani tenge history for January 2024. The highest quote for this month is 47.359 (01/01/2024) and the lowest 47.359 (01/01/2024). The difference between high and low is 0.

MAD KZT average rate for January 2024 is 45.66796, the change between 01/01/2024 and 31/01/2024 is +5.88 %.

01 January 20241 MAD = 47.36 KZT
02 January 20241 MAD = 47.36 KZT
03 January 20241 MAD = 45.62 KZT
04 January 20241 MAD = 45.78 KZT
05 January 20241 MAD = 45.66 KZT
06 January 20241 MAD = 45.50 KZT
07 January 20241 MAD = 45.63 KZT
08 January 20241 MAD = 46.79 KZT
09 January 20241 MAD = 45.41 KZT
10 January 20241 MAD = 46.86 KZT
11 January 20241 MAD = 45.40 KZT
12 January 20241 MAD = 45.17 KZT
14 January 20241 MAD = 45.38 KZT
15 January 20241 MAD = 46.53 KZT
16 January 20241 MAD = 46.56 KZT
17 January 20241 MAD = 46.53 KZT
18 January 20241 MAD = 45.11 KZT
19 January 20241 MAD = 44.95 KZT
22 January 20241 MAD = 46.40 KZT
23 January 20241 MAD = 44.75 KZT
24 January 20241 MAD = 44.30 KZT
25 January 20241 MAD = 44.62 KZT
26 January 20241 MAD = 44.67 KZT
28 January 20241 MAD = 45.12 KZT
29 January 20241 MAD = 46.43 KZT
30 January 20241 MAD = 44.58 KZT
31 January 20241 MAD = 44.57 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.