Historic Moroccan dirham Yemeni Rial

Moroccan dirham yemeni rial history for December 2023. The highest quote for this month is 26.038 (29/12/2023) and the lowest 26.351 (28/12/2023). The difference between high and low is -1.2.

MAD YER average rate for December 2023 is 25.10682, the change between 01/12/2023 and 31/12/2023 is +1.27 %.

01 December 20231 MAD = 25.58 YER
02 December 20231 MAD = 24.80 YER
03 December 20231 MAD = 24.79 YER
04 December 20231 MAD = 25.58 YER
05 December 20231 MAD = 24.78 YER
06 December 20231 MAD = 24.74 YER
07 December 20231 MAD = 24.75 YER
08 December 20231 MAD = 24.71 YER
10 December 20231 MAD = 24.60 YER
11 December 20231 MAD = 25.41 YER
12 December 20231 MAD = 25.34 YER
13 December 20231 MAD = 25.39 YER
14 December 20231 MAD = 24.51 YER
15 December 20231 MAD = 24.78 YER
16 December 20231 MAD = 24.71 YER
17 December 20231 MAD = 24.71 YER
18 December 20231 MAD = 25.40 YER
19 December 20231 MAD = 25.50 YER
20 December 20231 MAD = 24.74 YER
21 December 20231 MAD = 24.88 YER
22 December 20231 MAD = 25.09 YER
23 December 20231 MAD = 25.21 YER
24 December 20231 MAD = 25.21 YER
25 December 20231 MAD = 25.93 YER
26 December 20231 MAD = 25.91 YER
27 December 20231 MAD = 25.20 YER
28 December 20231 MAD = 25.49 YER
29 December 20231 MAD = 25.26 YER

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.

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

02/06/2014: Introduction of the fourth dirham

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

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.
MAD YER July 2023
MAD YER August 2023
MAD YER September 2023
MAD YER October 2023
MAD YER November 2023
MAD YER December 2023
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