Historic Moroccan dirham Swiss franc

Moroccan dirham swiss franc history for November 2023. The highest quote for this month is 0.09134 (01/11/2023) and the lowest 0.0912 (09/11/2023). The difference between high and low is 0.15.

MAD CHF average rate for November 2023 is 0.08848, the change between 01/11/2023 and 30/11/2023 is +1.71 %.

01 November 20231 MAD = 0.0885 CHF
02 November 20231 MAD = 0.0879 CHF
03 November 20231 MAD = 0.0913 CHF
06 November 20231 MAD = 0.0910 CHF
07 November 20231 MAD = 0.0881 CHF
08 November 20231 MAD = 0.0880 CHF
09 November 20231 MAD = 0.0883 CHF
10 November 20231 MAD = 0.0883 CHF
12 November 20231 MAD = 0.0883 CHF
13 November 20231 MAD = 0.0912 CHF
14 November 20231 MAD = 0.0882 CHF
15 November 20231 MAD = 0.0877 CHF
16 November 20231 MAD = 0.0874 CHF
17 November 20231 MAD = 0.0875 CHF
18 November 20231 MAD = 0.0871 CHF
19 November 20231 MAD = 0.0872 CHF
20 November 20231 MAD = 0.0906 CHF
21 November 20231 MAD = 0.0873 CHF
22 November 20231 MAD = 0.0872 CHF
23 November 20231 MAD = 0.0900 CHF
24 November 20231 MAD = 0.0901 CHF
26 November 20231 MAD = 0.0874 CHF
27 November 20231 MAD = 0.0903 CHF
28 November 20231 MAD = 0.0873 CHF
29 November 20231 MAD = 0.0873 CHF
30 November 20231 MAD = 0.0870 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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