Somali shilling moroccan dirham history for March 2024. The highest quote for this month is 0.017782 (01/03/2024) and the lowest 0.017629 (12/03/2024). The difference between high and low is 0.86.
SOS MAD average rate for March 2024 is 0.01733, the change between 01/03/2024 and 31/03/2024 is +0.82 %.
01 March 2024 | 1 SOS = 0.0178 MAD |
04 March 2024 | 1 SOS = 0.0171 MAD |
05 March 2024 | 1 SOS = 0.0172 MAD |
06 March 2024 | 1 SOS = 0.0172 MAD |
07 March 2024 | 1 SOS = 0.0176 MAD |
08 March 2024 | 1 SOS = 0.0170 MAD |
11 March 2024 | 1 SOS = 0.0171 MAD |
12 March 2024 | 1 SOS = 0.0176 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.
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.
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.
26/11/1960: Introduction of the Moroccan franc (FRF)
The Moroccan franc was introduced as the official currency of Morocco.