Historic Moroccan dirham Namibian dollar

Moroccan dirham namibian dollar history for February 2024. The highest quote for this month is 2.0468 (13/02/2024) and the lowest 1.9836 (27/02/2024). The difference between high and low is 3.09.

MAD NAD average rate for February 2024 is 1.90503, the change between 01/02/2024 and 29/02/2024 is -6.15 %.

01 February 20241 MAD = 1.857 NAD
02 February 20241 MAD = 1.858 NAD
03 February 20241 MAD = 1.883 NAD
04 February 20241 MAD = 1.883 NAD
05 February 20241 MAD = 1.904 NAD
06 February 20241 MAD = 1.955 NAD
07 February 20241 MAD = 1.870 NAD
08 February 20241 MAD = 1.879 NAD
09 February 20241 MAD = 1.888 NAD
12 February 20241 MAD = 1.960 NAD
13 February 20241 MAD = 1.895 NAD
14 February 20241 MAD = 1.902 NAD
15 February 20241 MAD = 1.892 NAD
16 February 20241 MAD = 1.886 NAD
17 February 20241 MAD = 1.873 NAD
18 February 20241 MAD = 1.876 NAD
19 February 20241 MAD = 1.945 NAD
20 February 20241 MAD = 1.932 NAD
21 February 20241 MAD = 1.876 NAD
22 February 20241 MAD = 1.877 NAD
23 February 20241 MAD = 1.908 NAD
24 February 20241 MAD = 1.921 NAD
25 February 20241 MAD = 1.920 NAD
26 February 20241 MAD = 1.974 NAD
27 February 20241 MAD = 1.930 NAD
28 February 20241 MAD = 1.922 NAD
29 February 20241 MAD = 1.972 NAD

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

02/06/2014: Introduction of the fourth dirham

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

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

01/05/1999: Introduction of the third dirham

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

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.