Historic Moroccan dirham United States dollar

Moroccan dirham united states dollar history for March 2024. The highest quote for this month is 0.10288 (11/03/2024) and the lowest 0.10318 (07/03/2024). The difference between high and low is -0.29.

MAD USD average rate for March 2024 is 0.1012, the change between 01/03/2024 and 31/03/2024 is -0.82 %.

01 March 20241 MAD = 0.0990 USD
03 March 20241 MAD = 0.0992 USD
04 March 20241 MAD = 0.1028 USD
05 March 20241 MAD = 0.1023 USD
06 March 20241 MAD = 0.1026 USD
07 March 20241 MAD = 0.0999 USD
08 March 20241 MAD = 0.1036 USD
10 March 20241 MAD = 0.0996 USD
11 March 20241 MAD = 0.1031 USD
12 March 20241 MAD = 0.0998 USD

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.

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

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