Turkish Lira moroccan dirham exchange rate history (TRY MAD) August 2023

Turkish Lira moroccan dirham history for August 2023. The highest quote for this month is 0.37108 (28/08/2023) and the lowest 0.38136 (24/08/2023). The difference between high and low is -2.77.

TRY MAD average rate for August 2023 is 0.36269, the change between 01/08/2023 and 31/08/2023 is -0.38 %.

01 August 2023	1 TRY = 0.3658 MAD
02 August 2023	1 TRY = 0.3656 MAD
03 August 2023	1 TRY = 0.3564 MAD
04 August 2023	1 TRY = 0.3642 MAD
07 August 2023	1 TRY = 0.3469 MAD
08 August 2023	1 TRY = 0.3527 MAD
09 August 2023	1 TRY = 0.3486 MAD
10 August 2023	1 TRY = 0.3494 MAD
11 August 2023	1 TRY = 0.3502 MAD
12 August 2023	1 TRY = 0.3674 MAD
14 August 2023	1 TRY = 0.3503 MAD
15 August 2023	1 TRY = 0.3644 MAD
16 August 2023	1 TRY = 0.3650 MAD
17 August 2023	1 TRY = 0.3656 MAD
18 August 2023	1 TRY = 0.3659 MAD
20 August 2023	1 TRY = 0.3688 MAD
21 August 2023	1 TRY = 0.3508 MAD
22 August 2023	1 TRY = 0.3664 MAD
23 August 2023	1 TRY = 0.3673 MAD
24 August 2023	1 TRY = 0.3674 MAD
25 August 2023	1 TRY = 0.3876 MAD
28 August 2023	1 TRY = 0.3688 MAD
29 August 2023	1 TRY = 0.3747 MAD
30 August 2023	1 TRY = 0.3701 MAD
31 August 2023	1 TRY = 0.3672 MAD

04/11/2021: Resignation of Central Bank Governor and Lira Volatility

Following the resignation of the Turkish Central Bank governor, the lira experiences significant volatility in the foreign exchange market.

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.

10/08/2018: Currency Crisis and Lira Depreciation

The Turkish lira suffers a severe depreciation due to escalating tensions with the United States and concerns over the Turkish economy.

15/07/2016: Failed Coup Attempt and Lira Plunge

After a failed coup attempt, the value of the Turkish lira plunges as political instability increases.

02/06/2014: Introduction of the fourth dirham

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

30/04/2008: Global Financial Crisis and Turkish Lira

The Turkish lira experiences a significant depreciation as a result of the global financial crisis.

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.

01/01/2005: Introduction of New Turkish Lira (TRY)

Turkey introduces a new version of the Turkish lira, denoted as TRY, with a new currency symbol.

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.

29/10/1930: Adoption of the New Turkish Lira

The Turkish government introduces the New Turkish Lira (Yeni Türk Lirası) to replace the old currency.

29/10/1923: Founding of the Republic of Turkey

The Turkish lira is officially established as the currency of the newly founded Turkish Republic.

Historic Turkish Lira Moroccan dirham