Historic North Korean won Moroccan dirham

North Korean won moroccan dirham history for October 2023. The highest quote for this month is 0.011474 (04/10/2023) and the lowest 0.011471 (21/10/2023). The difference between high and low is 0.03.

KPW MAD average rate for October 2023 is 0.01132, the change between 01/10/2023 and 31/10/2023 is +0.03 %.

01 October 20231 KPW = 0.0114 MAD
03 October 20231 KPW = 0.0115 MAD
04 October 20231 KPW = 0.0115 MAD
06 October 20231 KPW = 0.0111 MAD
07 October 20231 KPW = 0.0114 MAD
09 October 20231 KPW = 0.0110 MAD
10 October 20231 KPW = 0.0112 MAD
11 October 20231 KPW = 0.0114 MAD
13 October 20231 KPW = 0.0114 MAD
16 October 20231 KPW = 0.0110 MAD
17 October 20231 KPW = 0.0114 MAD
18 October 20231 KPW = 0.0114 MAD
19 October 20231 KPW = 0.0111 MAD
20 October 20231 KPW = 0.0114 MAD
21 October 20231 KPW = 0.0115 MAD
22 October 20231 KPW = 0.0115 MAD
23 October 20231 KPW = 0.0111 MAD
24 October 20231 KPW = 0.0115 MAD
25 October 20231 KPW = 0.0114 MAD
26 October 20231 KPW = 0.0114 MAD
27 October 20231 KPW = 0.0114 MAD
28 October 20231 KPW = 0.0114 MAD
29 October 20231 KPW = 0.0114 MAD
30 October 20231 KPW = 0.0111 MAD
31 October 20231 KPW = 0.0114 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.