Historic Moroccan dirham North Korean won

Moroccan dirham north korean won history for December 2023. The highest quote for this month is 93.829 (29/12/2023) and the lowest 94.977 (28/12/2023). The difference between high and low is -1.22.

MAD KPW average rate for December 2023 is 90.50241, the change between 01/12/2023 and 31/12/2023 is +0.97 %.

01 December 20231 MAD = 92.19 KPW
02 December 20231 MAD = 89.27 KPW
03 December 20231 MAD = 89.25 KPW
04 December 20231 MAD = 92.18 KPW
05 December 20231 MAD = 89.30 KPW
06 December 20231 MAD = 89.15 KPW
07 December 20231 MAD = 89.15 KPW
08 December 20231 MAD = 89.02 KPW
10 December 20231 MAD = 88.58 KPW
11 December 20231 MAD = 91.55 KPW
12 December 20231 MAD = 91.29 KPW
13 December 20231 MAD = 91.44 KPW
14 December 20231 MAD = 88.32 KPW
15 December 20231 MAD = 89.28 KPW
16 December 20231 MAD = 88.96 KPW
17 December 20231 MAD = 88.96 KPW
18 December 20231 MAD = 91.51 KPW
19 December 20231 MAD = 91.84 KPW
20 December 20231 MAD = 89.11 KPW
21 December 20231 MAD = 89.64 KPW
22 December 20231 MAD = 90.39 KPW
23 December 20231 MAD = 90.77 KPW
24 December 20231 MAD = 90.76 KPW
25 December 20231 MAD = 93.85 KPW
26 December 20231 MAD = 93.79 KPW
27 December 20231 MAD = 90.81 KPW
28 December 20231 MAD = 91.88 KPW
29 December 20231 MAD = 91.04 KPW
31 December 20231 MAD = 91.30 KPW

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.

02/06/2014: Introduction of the fourth dirham

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

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

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.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

01/05/1999: Introduction of the third dirham

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

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

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.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.