Historic Solomon Islands Dollar Moroccan dirham

Solomon Islands Dollar moroccan dirham history for October 2023. The highest quote for this month is 1.2289 (02/10/2023) and the lowest 1.1924 (03/10/2023). The difference between high and low is 2.97.

SBD MAD average rate for October 2023 is 1.20677, the change between 01/10/2023 and 31/10/2023 is +0.42 %.

02 October 20231 SBD = 1.186 MAD
03 October 20231 SBD = 1.226 MAD
05 October 20231 SBD = 1.216 MAD
10 October 20231 SBD = 1.191 MAD
12 October 20231 SBD = 1.214 MAD
16 October 20231 SBD = 1.172 MAD
17 October 20231 SBD = 1.216 MAD
18 October 20231 SBD = 1.216 MAD
20 October 20231 SBD = 1.226 MAD
24 October 20231 SBD = 1.217 MAD
25 October 20231 SBD = 1.220 MAD
30 October 20231 SBD = 1.181 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.

28/06/2019: Withdrawal of the $2 note

The Central Bank of Solomon Islands announced the withdrawal of the $2 note from circulation, promoting the use of coins instead.

02/06/2014: Introduction of the fourth dirham

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

02/01/2012: Introduction of polymer banknotes

The Central Bank of Solomon Islands issued polymer banknotes to replace the paper ones, enhancing durability and security.

02/05/2011: Renewal of currency design

The Central Bank of Solomon Islands introduced new banknotes with enhanced security features and a refreshed design.

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.

01/05/1999: Introduction of the third dirham

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

22/03/1993: Introduction of the $2 coin

The $2 coin was introduced as a new denomination of the Solomon Islands Dollar.

12/12/1980: Introduction of the second dirham

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

25/01/1979: Monetary Authority Act

The Monetary Authority Act was passed, establishing the Central Bank of Solomon Islands as the sole issuer and regulator of the SBD.

06/07/1977: Introduction of the Solomon Islands Dollar

The Solomon Islands Dollar was introduced as the official currency replacing the Australian Dollar at a rate of 1:1.

07/06/1977: Independence of Solomon Islands

Solomon Islands gained independence from British rule, establishing the need for their own currency, the Solomon Islands Dollar (SBD).

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.