Historic Moroccan dirham Swiss franc

Moroccan dirham swiss franc history for February 2024. The highest quote for this month is 0.09124 (13/02/2024) and the lowest 0.09062 (14/02/2024). The difference between high and low is 0.68.

MAD CHF average rate for February 2024 is 0.08794, the change between 01/02/2024 and 29/02/2024 is -3.92 %.

01 February 20241 MAD = 0.0863 CHF
02 February 20241 MAD = 0.0857 CHF
04 February 20241 MAD = 0.0863 CHF
05 February 20241 MAD = 0.0888 CHF
06 February 20241 MAD = 0.0892 CHF
07 February 20241 MAD = 0.0863 CHF
08 February 20241 MAD = 0.0869 CHF
09 February 20241 MAD = 0.0870 CHF
11 February 20241 MAD = 0.0874 CHF
12 February 20241 MAD = 0.0901 CHF
13 February 20241 MAD = 0.0873 CHF
14 February 20241 MAD = 0.0882 CHF
15 February 20241 MAD = 0.0879 CHF
16 February 20241 MAD = 0.0875 CHF
19 February 20241 MAD = 0.0904 CHF
20 February 20241 MAD = 0.0904 CHF
21 February 20241 MAD = 0.0875 CHF
22 February 20241 MAD = 0.0873 CHF
23 February 20241 MAD = 0.0875 CHF
24 February 20241 MAD = 0.0876 CHF
25 February 20241 MAD = 0.0875 CHF
26 February 20241 MAD = 0.0907 CHF
27 February 20241 MAD = 0.0878 CHF
28 February 20241 MAD = 0.0874 CHF
29 February 20241 MAD = 0.0896 CHF

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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

02/06/2014: Introduction of the fourth dirham

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

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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

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

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
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