Moroccan dirham maldivian rufiyaa exchange rate history (MAD MVR) August 2023

Moroccan dirham maldivian rufiyaa history for August 2023. The highest quote for this month is 1.6199 (09/08/2023) and the lowest 1.6258 (07/08/2023). The difference between high and low is -0.36.

MAD MVR average rate for August 2023 is 1.56466, the change between 01/08/2023 and 31/08/2023 is -0.54 %.

01 August 2023	1 MAD = 1.548 MVR
02 August 2023	1 MAD = 1.547 MVR
03 August 2023	1 MAD = 1.587 MVR
04 August 2023	1 MAD = 1.554 MVR
07 August 2023	1 MAD = 1.630 MVR
08 August 2023	1 MAD = 1.602 MVR
09 August 2023	1 MAD = 1.626 MVR
10 August 2023	1 MAD = 1.621 MVR
11 August 2023	1 MAD = 1.611 MVR
12 August 2023	1 MAD = 1.562 MVR
14 August 2023	1 MAD = 1.603 MVR
15 August 2023	1 MAD = 1.545 MVR
16 August 2023	1 MAD = 1.550 MVR
17 August 2023	1 MAD = 1.545 MVR
18 August 2023	1 MAD = 1.537 MVR
19 August 2023	1 MAD = 1.545 MVR
20 August 2023	1 MAD = 1.545 MVR
21 August 2023	1 MAD = 1.602 MVR
22 August 2023	1 MAD = 1.528 MVR
23 August 2023	1 MAD = 1.524 MVR
24 August 2023	1 MAD = 1.526 MVR
25 August 2023	1 MAD = 1.519 MVR
28 August 2023	1 MAD = 1.569 MVR
29 August 2023	1 MAD = 1.547 MVR
30 August 2023	1 MAD = 1.552 MVR
31 August 2023	1 MAD = 1.557 MVR

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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

02/06/2014: Introduction of the fourth dirham

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

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

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.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

01/05/1999: Introduction of the third dirham

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

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

Historic Moroccan dirham Maldivian rufiyaa