Qatari Rial moroccan dirham exchange rate history (QAR MAD) November 2023

Qatari Rial moroccan dirham history for November 2023. The highest quote for this month is 2.831 (03/11/2023) and the lowest 2.7988 (12/11/2023). The difference between high and low is 1.14.

QAR MAD average rate for November 2023 is 2.769, the change between 01/11/2023 and 30/11/2023 is +2.31 %.

01 November 2023	1 QAR = 2.825 MAD
02 November 2023	1 QAR = 2.831 MAD
03 November 2023	1 QAR = 2.728 MAD
06 November 2023	1 QAR = 2.715 MAD
07 November 2023	1 QAR = 2.804 MAD
08 November 2023	1 QAR = 2.810 MAD
09 November 2023	1 QAR = 2.799 MAD
10 November 2023	1 QAR = 2.810 MAD
12 November 2023	1 QAR = 2.805 MAD
13 November 2023	1 QAR = 2.717 MAD
14 November 2023	1 QAR = 2.808 MAD
15 November 2023	1 QAR = 2.785 MAD
16 November 2023	1 QAR = 2.790 MAD
17 November 2023	1 QAR = 2.789 MAD
18 November 2023	1 QAR = 2.790 MAD
19 November 2023	1 QAR = 2.789 MAD
20 November 2023	1 QAR = 2.688 MAD
21 November 2023	1 QAR = 2.783 MAD
22 November 2023	1 QAR = 2.783 MAD
23 November 2023	1 QAR = 2.698 MAD
24 November 2023	1 QAR = 2.698 MAD
26 November 2023	1 QAR = 2.772 MAD
27 November 2023	1 QAR = 2.687 MAD
28 November 2023	1 QAR = 2.771 MAD
29 November 2023	1 QAR = 2.759 MAD
30 November 2023	1 QAR = 2.759 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.

01/01/2021: Launch of a digital currency pilot program

Qatar announced the launch of a pilot program to test the use of a digital currency as part of its efforts to introduce blockchain technology in the financial sector.

05/06/2017: Qatar diplomatic crisis affects the currency

Following the diplomatic crisis and blockade imposed by neighboring countries, the Qatari rial faced volatility and depreciated against major currencies.

27/05/2015: Qatari rial pegged to a basket of currencies

The Qatari rial's peg was diversified to include a basket of currencies, reducing its dependence on the US dollar.

02/06/2014: Introduction of the fourth dirham

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

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.

08/06/2001: Creation of the Qatar Central Bank

The Qatar Central Bank was established to replace the Qatar Currency Board and assume the responsibility of regulating the Qatari rial.

01/05/1999: Introduction of the third dirham

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

27/07/1997: Qatar Currency Board established

The Qatar Currency Board was established to regulate the issuance and circulation of the Qatari rial and maintain its stability.

12/12/1980: Introduction of the second dirham

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

27/03/1976: Currency pegged to the US Dollar

The Qatari rial was pegged to the US dollar at a fixed exchange rate of 1 USD = 3.64 QAR to stabilize its value and promote trade.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

24/06/1973: Introduction of Qatari Rial

Qatar officially introduced the Qatari rial as its currency, replacing the Gulf rupee at a rate of 1 rial = 1.65 rupees.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

Historic Qatari Rial Moroccan dirham