Moroccan dirham swiss franc exchange rate history (MAD CHF) October 2023

Moroccan dirham swiss franc history for October 2023. The highest quote for this month is 0.09171 (06/10/2023) and the lowest 0.09157 (09/10/2023). The difference between high and low is 0.15.

MAD CHF average rate for October 2023 is 0.08883, the change between 01/10/2023 and 31/10/2023 is +1.32 %.

01 October 2023	1 MAD = 0.0889 CHF
02 October 2023	1 MAD = 0.0920 CHF
03 October 2023	1 MAD = 0.0890 CHF
04 October 2023	1 MAD = 0.0892 CHF
05 October 2023	1 MAD = 0.0890 CHF
06 October 2023	1 MAD = 0.0913 CHF
09 October 2023	1 MAD = 0.0921 CHF
10 October 2023	1 MAD = 0.0901 CHF
11 October 2023	1 MAD = 0.0882 CHF
12 October 2023	1 MAD = 0.0880 CHF
13 October 2023	1 MAD = 0.0886 CHF
16 October 2023	1 MAD = 0.0913 CHF
17 October 2023	1 MAD = 0.0879 CHF
18 October 2023	1 MAD = 0.0879 CHF
19 October 2023	1 MAD = 0.0903 CHF
20 October 2023	1 MAD = 0.0866 CHF
22 October 2023	1 MAD = 0.0865 CHF
23 October 2023	1 MAD = 0.0897 CHF
24 October 2023	1 MAD = 0.0863 CHF
25 October 2023	1 MAD = 0.0867 CHF
26 October 2023	1 MAD = 0.0874 CHF
27 October 2023	1 MAD = 0.0876 CHF
29 October 2023	1 MAD = 0.0878 CHF
30 October 2023	1 MAD = 0.0907 CHF
31 October 2023	1 MAD = 0.0877 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.

Historic Moroccan dirham Swiss franc