Historic Moroccan dirham Arab Emirates Dirham

Moroccan dirham arab emirates dirham history for November 2023. The highest quote for this month is 0.37361 (23/11/2023) and the lowest 0.37816 (29/11/2023). The difference between high and low is -1.22.

MAD AED average rate for November 2023 is 0.3645, the change between 01/11/2023 and 30/11/2023 is -2.38 %.

01 November 20231 MAD = 0.3572 AED
02 November 20231 MAD = 0.3563 AED
03 November 20231 MAD = 0.3698 AED
06 November 20231 MAD = 0.3716 AED
07 November 20231 MAD = 0.3598 AED
08 November 20231 MAD = 0.3591 AED
09 November 20231 MAD = 0.3605 AED
10 November 20231 MAD = 0.3591 AED
12 November 20231 MAD = 0.3597 AED
13 November 20231 MAD = 0.3715 AED
14 November 20231 MAD = 0.3594 AED
15 November 20231 MAD = 0.3623 AED
16 November 20231 MAD = 0.3617 AED
17 November 20231 MAD = 0.3617 AED
18 November 20231 MAD = 0.3617 AED
19 November 20231 MAD = 0.3618 AED
20 November 20231 MAD = 0.3755 AED
21 November 20231 MAD = 0.3625 AED
22 November 20231 MAD = 0.3626 AED
23 November 20231 MAD = 0.3740 AED
24 November 20231 MAD = 0.3739 AED
26 November 20231 MAD = 0.3640 AED
27 November 20231 MAD = 0.3757 AED
28 November 20231 MAD = 0.3642 AED
29 November 20231 MAD = 0.3657 AED
30 November 20231 MAD = 0.3657 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

02/06/2014: Introduction of the fourth dirham

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

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

01/05/1999: Introduction of the third dirham

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

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

12/12/1980: Introduction of the second dirham

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

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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

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