Moroccan dirham namibian dollar exchange rate history (MAD NAD) November 2023

Moroccan dirham namibian dollar history for November 2023. The highest quote for this month is 1.9583 (14/11/2023) and the lowest 2.0201 (14/11/2023). The difference between high and low is -3.16.

MAD NAD average rate for November 2023 is 1.8522, the change between 01/11/2023 and 30/11/2023 is -1.01 %.

01 November 2023	1 MAD = 1.833 NAD
02 November 2023	1 MAD = 1.827 NAD
03 November 2023	1 MAD = 1.813 NAD
06 November 2023	1 MAD = 1.874 NAD
07 November 2023	1 MAD = 1.793 NAD
08 November 2023	1 MAD = 1.918 NAD
09 November 2023	1 MAD = 1.939 NAD
10 November 2023	1 MAD = 1.826 NAD
12 November 2023	1 MAD = 1.833 NAD
13 November 2023	1 MAD = 1.888 NAD
14 November 2023	1 MAD = 1.958 NAD
15 November 2023	1 MAD = 1.797 NAD
16 November 2023	1 MAD = 1.794 NAD
17 November 2023	1 MAD = 1.792 NAD
18 November 2023	1 MAD = 1.807 NAD
19 November 2023	1 MAD = 1.809 NAD
20 November 2023	1 MAD = 1.877 NAD
21 November 2023	1 MAD = 1.812 NAD
22 November 2023	1 MAD = 1.812 NAD
23 November 2023	1 MAD = 1.870 NAD
24 November 2023	1 MAD = 1.895 NAD
26 November 2023	1 MAD = 1.865 NAD
27 November 2023	1 MAD = 1.925 NAD
28 November 2023	1 MAD = 1.870 NAD
29 November 2023	1 MAD = 1.878 NAD
30 November 2023	1 MAD = 1.852 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.

Historic Moroccan dirham Namibian dollar