Historic Moroccan dirham Turkish Lira

Moroccan dirham turkish lira history for August 2023. The highest quote for this month is 2.8907 (09/08/2023) and the lowest 2.8761 (07/08/2023). The difference between high and low is 0.51.

MAD TRY average rate for August 2023 is 2.7591, the change between 01/08/2023 and 31/08/2023 is +0.38 %.

01 August 20231 MAD = 2.734 TRY
02 August 20231 MAD = 2.735 TRY
03 August 20231 MAD = 2.806 TRY
04 August 20231 MAD = 2.746 TRY
07 August 20231 MAD = 2.883 TRY
08 August 20231 MAD = 2.836 TRY
09 August 20231 MAD = 2.869 TRY
10 August 20231 MAD = 2.862 TRY
11 August 20231 MAD = 2.855 TRY
12 August 20231 MAD = 2.722 TRY
14 August 20231 MAD = 2.854 TRY
15 August 20231 MAD = 2.744 TRY
16 August 20231 MAD = 2.740 TRY
17 August 20231 MAD = 2.736 TRY
18 August 20231 MAD = 2.733 TRY
20 August 20231 MAD = 2.711 TRY
21 August 20231 MAD = 2.851 TRY
22 August 20231 MAD = 2.729 TRY
23 August 20231 MAD = 2.723 TRY
24 August 20231 MAD = 2.722 TRY
25 August 20231 MAD = 2.580 TRY
28 August 20231 MAD = 2.712 TRY
29 August 20231 MAD = 2.669 TRY
30 August 20231 MAD = 2.702 TRY
31 August 20231 MAD = 2.724 TRY

04/11/2021: Resignation of Central Bank Governor and Lira Volatility

Following the resignation of the Turkish Central Bank governor, the lira experiences significant volatility in the foreign exchange market.

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.

10/08/2018: Currency Crisis and Lira Depreciation

The Turkish lira suffers a severe depreciation due to escalating tensions with the United States and concerns over the Turkish economy.

15/07/2016: Failed Coup Attempt and Lira Plunge

After a failed coup attempt, the value of the Turkish lira plunges as political instability increases.

02/06/2014: Introduction of the fourth dirham

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

30/04/2008: Global Financial Crisis and Turkish Lira

The Turkish lira experiences a significant depreciation as a result of the global financial crisis.

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.

01/01/2005: Introduction of New Turkish Lira (TRY)

Turkey introduces a new version of the Turkish lira, denoted as TRY, with a new currency symbol.

01/05/1999: Introduction of the third dirham

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

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.

29/10/1930: Adoption of the New Turkish Lira

The Turkish government introduces the New Turkish Lira (Yeni Türk Lirası) to replace the old currency.

29/10/1923: Founding of the Republic of Turkey

The Turkish lira is officially established as the currency of the newly founded Turkish Republic.