Historic Moroccan dirham Philippine peso

Moroccan dirham philippine peso history for January 2024. The highest quote for this month is 5.8409 (10/01/2024) and the lowest 5.805 (23/01/2024). The difference between high and low is 0.61.

MAD PHP average rate for January 2024 is 5.67611, the change between 01/01/2024 and 31/01/2024 is +2.11 %.

01 January 20241 MAD = 5.75 PHP
02 January 20241 MAD = 5.76 PHP
03 January 20241 MAD = 5.60 PHP
04 January 20241 MAD = 5.61 PHP
05 January 20241 MAD = 5.61 PHP
06 January 20241 MAD = 5.59 PHP
07 January 20241 MAD = 5.61 PHP
08 January 20241 MAD = 5.78 PHP
09 January 20241 MAD = 5.61 PHP
10 January 20241 MAD = 5.82 PHP
11 January 20241 MAD = 5.63 PHP
12 January 20241 MAD = 5.62 PHP
14 January 20241 MAD = 5.62 PHP
15 January 20241 MAD = 5.79 PHP
16 January 20241 MAD = 5.78 PHP
17 January 20241 MAD = 5.77 PHP
18 January 20241 MAD = 5.60 PHP
19 January 20241 MAD = 5.58 PHP
22 January 20241 MAD = 5.80 PHP
23 January 20241 MAD = 5.67 PHP
24 January 20241 MAD = 5.64 PHP
25 January 20241 MAD = 5.64 PHP
26 January 20241 MAD = 5.66 PHP
28 January 20241 MAD = 5.65 PHP
29 January 20241 MAD = 5.82 PHP
30 January 20241 MAD = 5.62 PHP
31 January 20241 MAD = 5.63 PHP

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.

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.

01/05/1999: 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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.
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