Historic Moroccan dirham Maldivian rufiyaa

Moroccan dirham maldivian rufiyaa history for January 2024. The highest quote for this month is 1.5847 (01/01/2024) and the lowest 1.5977 (05/01/2024). The difference between high and low is -0.82.

MAD MVR average rate for January 2024 is 1.5507, the change between 01/01/2024 and 31/01/2024 is +3.81 %.

01 January 20241 MAD = 1.585 MVR
02 January 20241 MAD = 1.586 MVR
03 January 20241 MAD = 1.536 MVR
04 January 20241 MAD = 1.534 MVR
05 January 20241 MAD = 1.543 MVR
06 January 20241 MAD = 1.550 MVR
07 January 20241 MAD = 1.555 MVR
08 January 20241 MAD = 1.587 MVR
09 January 20241 MAD = 1.536 MVR
10 January 20241 MAD = 1.582 MVR
11 January 20241 MAD = 1.531 MVR
12 January 20241 MAD = 1.533 MVR
14 January 20241 MAD = 1.550 MVR
15 January 20241 MAD = 1.583 MVR
16 January 20241 MAD = 1.583 MVR
17 January 20241 MAD = 1.575 MVR
18 January 20241 MAD = 1.528 MVR
19 January 20241 MAD = 1.528 MVR
22 January 20241 MAD = 1.584 MVR
23 January 20241 MAD = 1.534 MVR
24 January 20241 MAD = 1.528 MVR
25 January 20241 MAD = 1.532 MVR
26 January 20241 MAD = 1.523 MVR
28 January 20241 MAD = 1.546 MVR
29 January 20241 MAD = 1.575 MVR
30 January 20241 MAD = 1.517 MVR
31 January 20241 MAD = 1.525 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.