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

Moroccan dirham maldivian rufiyaa history for October 2023. The highest quote for this month is 1.5388 (11/10/2023) and the lowest 1.5492 (12/10/2023). The difference between high and low is -0.68.

MAD MVR average rate for October 2023 is 1.49957, the change between 01/10/2023 and 31/10/2023 is +1.07 %.

01 October 2023	1 MAD = 1.499 MVR
02 October 2023	1 MAD = 1.532 MVR
03 October 2023	1 MAD = 1.473 MVR
04 October 2023	1 MAD = 1.477 MVR
05 October 2023	1 MAD = 1.481 MVR
06 October 2023	1 MAD = 1.526 MVR
07 October 2023	1 MAD = 1.502 MVR
09 October 2023	1 MAD = 1.545 MVR
10 October 2023	1 MAD = 1.518 MVR
11 October 2023	1 MAD = 1.487 MVR
12 October 2023	1 MAD = 1.490 MVR
13 October 2023	1 MAD = 1.489 MVR
16 October 2023	1 MAD = 1.537 MVR
17 October 2023	1 MAD = 1.484 MVR
18 October 2023	1 MAD = 1.485 MVR
19 October 2023	1 MAD = 1.533 MVR
20 October 2023	1 MAD = 1.482 MVR
21 October 2023	1 MAD = 1.494 MVR
22 October 2023	1 MAD = 1.494 MVR
23 October 2023	1 MAD = 1.532 MVR
24 October 2023	1 MAD = 1.478 MVR
25 October 2023	1 MAD = 1.481 MVR
26 October 2023	1 MAD = 1.487 MVR
27 October 2023	1 MAD = 1.487 MVR
28 October 2023	1 MAD = 1.478 MVR
29 October 2023	1 MAD = 1.502 MVR
30 October 2023	1 MAD = 1.532 MVR
31 October 2023	1 MAD = 1.483 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