Historic Moroccan dirham Maldivian rufiyaa

Moroccan dirham maldivian rufiyaa history for February 2024. The highest quote for this month is 1.5629 (22/02/2024) and the lowest 1.5775 (02/02/2024). The difference between high and low is -0.93.

MAD MVR average rate for February 2024 is 1.53061, the change between 01/02/2024 and 29/02/2024 is -1.65 %.

01 February 20241 MAD = 1.526 MVR
02 February 20241 MAD = 1.524 MVR
03 February 20241 MAD = 1.537 MVR
04 February 20241 MAD = 1.537 MVR
05 February 20241 MAD = 1.562 MVR
06 February 20241 MAD = 1.563 MVR
07 February 20241 MAD = 1.512 MVR
08 February 20241 MAD = 1.516 MVR
09 February 20241 MAD = 1.514 MVR
12 February 20241 MAD = 1.562 MVR
13 February 20241 MAD = 1.510 MVR
14 February 20241 MAD = 1.505 MVR
15 February 20241 MAD = 1.509 MVR
16 February 20241 MAD = 1.517 MVR
17 February 20241 MAD = 1.533 MVR
18 February 20241 MAD = 1.533 MVR
19 February 20241 MAD = 1.565 MVR
20 February 20241 MAD = 1.561 MVR
21 February 20241 MAD = 1.508 MVR
22 February 20241 MAD = 1.509 MVR
23 February 20241 MAD = 1.512 MVR
24 February 20241 MAD = 1.534 MVR
25 February 20241 MAD = 1.534 MVR
26 February 20241 MAD = 1.564 MVR
27 February 20241 MAD = 1.518 MVR
28 February 20241 MAD = 1.512 MVR
29 February 20241 MAD = 1.552 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.