Moroccan dirham turkish lira exchange rate history (MAD TRY) October 2023

Moroccan dirham turkish lira history for October 2023. The highest quote for this month is 2.8637 (31/10/2023) and the lowest 2.8277 (31/10/2023). The difference between high and low is 1.26.

MAD TRY average rate for October 2023 is 2.73576, the change between 01/10/2023 and 31/10/2023 is -3.14 %.

01 October 2023	1 MAD = 2.665 TRY
02 October 2023	1 MAD = 2.761 TRY
03 October 2023	1 MAD = 2.662 TRY
04 October 2023	1 MAD = 2.666 TRY
05 October 2023	1 MAD = 2.675 TRY
06 October 2023	1 MAD = 2.759 TRY
07 October 2023	1 MAD = 2.683 TRY
09 October 2023	1 MAD = 2.808 TRY
10 October 2023	1 MAD = 2.760 TRY
11 October 2023	1 MAD = 2.703 TRY
12 October 2023	1 MAD = 2.708 TRY
13 October 2023	1 MAD = 2.718 TRY
16 October 2023	1 MAD = 2.802 TRY
17 October 2023	1 MAD = 2.719 TRY
18 October 2023	1 MAD = 2.731 TRY
19 October 2023	1 MAD = 2.817 TRY
20 October 2023	1 MAD = 2.721 TRY
21 October 2023	1 MAD = 2.707 TRY
22 October 2023	1 MAD = 2.714 TRY
23 October 2023	1 MAD = 2.818 TRY
24 October 2023	1 MAD = 2.721 TRY
25 October 2023	1 MAD = 2.732 TRY
26 October 2023	1 MAD = 2.744 TRY
27 October 2023	1 MAD = 2.746 TRY
28 October 2023	1 MAD = 2.733 TRY
29 October 2023	1 MAD = 2.749 TRY
30 October 2023	1 MAD = 2.834 TRY
31 October 2023	1 MAD = 2.749 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.

Historic Moroccan dirham Turkish Lira