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

Moroccan dirham namibian dollar history for September 2023. The highest quote for this month is 1.9328 (12/09/2023) and the lowest 1.9498 (07/09/2023). The difference between high and low is -0.88.

MAD NAD average rate for September 2023 is 1.86987, the change between 01/09/2023 and 30/09/2023 is +4.21 %.

01 September 2023	1 MAD = 1.911 NAD
04 September 2023	1 MAD = 1.887 NAD
05 September 2023	1 MAD = 1.875 NAD
06 September 2023	1 MAD = 1.900 NAD
07 September 2023	1 MAD = 1.885 NAD
08 September 2023	1 MAD = 1.888 NAD
11 September 2023	1 MAD = 1.935 NAD
12 September 2023	1 MAD = 1.937 NAD
13 September 2023	1 MAD = 1.860 NAD
14 September 2023	1 MAD = 1.864 NAD
15 September 2023	1 MAD = 1.856 NAD
18 September 2023	1 MAD = 1.911 NAD
19 September 2023	1 MAD = 1.847 NAD
20 September 2023	1 MAD = 1.844 NAD
21 September 2023	1 MAD = 1.823 NAD
22 September 2023	1 MAD = 1.837 NAD
23 September 2023	1 MAD = 1.826 NAD
25 September 2023	1 MAD = 1.895 NAD
26 September 2023	1 MAD = 1.825 NAD
27 September 2023	1 MAD = 1.853 NAD
28 September 2023	1 MAD = 1.859 NAD
29 September 2023	1 MAD = 1.859 NAD
30 September 2023	1 MAD = 1.830 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