Historic Singapore dollar Moroccan dirham

Singapore dollar moroccan dirham history for January 2024. The highest quote for this month is 7.5067 (06/01/2024) and the lowest 7.4609 (07/01/2024). The difference between high and low is 0.61.

SGD MAD average rate for January 2024 is 7.38308, the change between 01/01/2024 and 31/01/2024 is -2.52 %.

01 January 20241 SGD = 7.29 MAD
02 January 20241 SGD = 7.29 MAD
03 January 20241 SGD = 7.48 MAD
04 January 20241 SGD = 7.47 MAD
05 January 20241 SGD = 7.44 MAD
06 January 20241 SGD = 7.48 MAD
07 January 20241 SGD = 7.46 MAD
08 January 20241 SGD = 7.23 MAD
09 January 20241 SGD = 7.47 MAD
10 January 20241 SGD = 7.24 MAD
11 January 20241 SGD = 7.47 MAD
12 January 20241 SGD = 7.48 MAD
14 January 20241 SGD = 7.47 MAD
15 January 20241 SGD = 7.24 MAD
16 January 20241 SGD = 7.22 MAD
17 January 20241 SGD = 7.21 MAD
18 January 20241 SGD = 7.43 MAD
19 January 20241 SGD = 7.43 MAD
22 January 20241 SGD = 7.18 MAD
23 January 20241 SGD = 7.41 MAD
24 January 20241 SGD = 7.44 MAD
25 January 20241 SGD = 7.43 MAD
26 January 20241 SGD = 7.45 MAD
27 January 20241 SGD = 7.42 MAD
28 January 20241 SGD = 7.44 MAD
29 January 20241 SGD = 7.19 MAD
30 January 20241 SGD = 7.48 MAD
31 January 20241 SGD = 7.47 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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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

The Moroccan franc was introduced as the official currency of Morocco.
SGD MAD January 2024
SGD MAD February 2024
SGD MAD March 2024
SGD MAD April 2024
SGD MAD May 2024
SGD MAD June 2024
SGD MAD July 2024
SGD MAD August 2024
SGD MAD September 2024
SGD MAD October 2024
SGD MAD November 2024
SGD MAD December 2024
SGD MAD January 2025