Historic North Korean won Moroccan dirham

North Korean won moroccan dirham history for December 2023. The highest quote for this month is 0.011322 (14/12/2023) and the lowest 0.011251 (10/12/2023). The difference between high and low is 0.63.

KPW MAD average rate for December 2023 is 0.01105, the change between 01/12/2023 and 31/12/2023 is -0.98 %.

01 December 20231 KPW = 0.0108 MAD
02 December 20231 KPW = 0.0112 MAD
03 December 20231 KPW = 0.0112 MAD
04 December 20231 KPW = 0.0108 MAD
05 December 20231 KPW = 0.0112 MAD
06 December 20231 KPW = 0.0112 MAD
07 December 20231 KPW = 0.0112 MAD
08 December 20231 KPW = 0.0112 MAD
10 December 20231 KPW = 0.0113 MAD
11 December 20231 KPW = 0.0109 MAD
12 December 20231 KPW = 0.0110 MAD
13 December 20231 KPW = 0.0109 MAD
14 December 20231 KPW = 0.0113 MAD
15 December 20231 KPW = 0.0112 MAD
16 December 20231 KPW = 0.0112 MAD
17 December 20231 KPW = 0.0112 MAD
18 December 20231 KPW = 0.0109 MAD
19 December 20231 KPW = 0.0109 MAD
20 December 20231 KPW = 0.0112 MAD
21 December 20231 KPW = 0.0112 MAD
22 December 20231 KPW = 0.0111 MAD
23 December 20231 KPW = 0.0110 MAD
24 December 20231 KPW = 0.0110 MAD
25 December 20231 KPW = 0.0107 MAD
26 December 20231 KPW = 0.0107 MAD
27 December 20231 KPW = 0.0110 MAD
28 December 20231 KPW = 0.0109 MAD
29 December 20231 KPW = 0.0110 MAD
31 December 20231 KPW = 0.0110 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.

02/06/2014: Introduction of the fourth dirham

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

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

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.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

01/05/1999: Introduction of the third dirham

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

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

12/12/1980: Introduction of the second dirham

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

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

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.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.