Historic Namibian dollar Moroccan dirham

Namibian dollar moroccan dirham history for December 2023. The highest quote for this month is 0.55178 (15/12/2023) and the lowest 0.55159 (17/12/2023). The difference between high and low is 0.03.

NAD MAD average rate for December 2023 is 0.53414, the change between 01/12/2023 and 31/12/2023 is -3.03 %.

01 December 20231 NAD = 0.5221 MAD
02 December 20231 NAD = 0.5415 MAD
03 December 20231 NAD = 0.5415 MAD
04 December 20231 NAD = 0.5249 MAD
05 December 20231 NAD = 0.5418 MAD
06 December 20231 NAD = 0.5322 MAD
07 December 20231 NAD = 0.5344 MAD
08 December 20231 NAD = 0.5395 MAD
10 December 20231 NAD = 0.5362 MAD
11 December 20231 NAD = 0.5183 MAD
12 December 20231 NAD = 0.5170 MAD
13 December 20231 NAD = 0.5161 MAD
14 December 20231 NAD = 0.5341 MAD
15 December 20231 NAD = 0.5284 MAD
16 December 20231 NAD = 0.5516 MAD
17 December 20231 NAD = 0.5516 MAD
18 December 20231 NAD = 0.5155 MAD
19 December 20231 NAD = 0.5364 MAD
20 December 20231 NAD = 0.5528 MAD
21 December 20231 NAD = 0.5498 MAD
22 December 20231 NAD = 0.5453 MAD
23 December 20231 NAD = 0.5388 MAD
24 December 20231 NAD = 0.5378 MAD
25 December 20231 NAD = 0.5226 MAD
26 December 20231 NAD = 0.5230 MAD
27 December 20231 NAD = 0.5323 MAD
28 December 20231 NAD = 0.5329 MAD
29 December 20231 NAD = 0.5379 MAD

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

02/06/2014: Introduction of the fourth dirham

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

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

01/05/1999: Introduction of the third dirham

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

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.
NAD MAD August 2023
NAD MAD September 2023
NAD MAD October 2023
NAD MAD November 2023
NAD MAD December 2023
NAD MAD January 2024
NAD MAD February 2024
NAD MAD March 2024
NAD MAD April 2024
NAD MAD May 2024
NAD MAD June 2024
NAD MAD July 2024
NAD MAD August 2024