Historic Swiss franc Moroccan dirham

Swiss franc moroccan dirham history for January 2024. The highest quote for this month is 11.703 (14/01/2024) and the lowest 11.665 (14/01/2024). The difference between high and low is 0.32.

CHF MAD average rate for January 2024 is 11.48554, the change between 01/01/2024 and 31/01/2024 is -1.55 %.

01 January 20241 CHF = 11.43 MAD
02 January 20241 CHF = 11.42 MAD
03 January 20241 CHF = 11.68 MAD
04 January 20241 CHF = 11.69 MAD
05 January 20241 CHF = 11.64 MAD
08 January 20241 CHF = 11.30 MAD
09 January 20241 CHF = 11.71 MAD
10 January 20241 CHF = 11.31 MAD
11 January 20241 CHF = 11.69 MAD
12 January 20241 CHF = 11.69 MAD
14 January 20241 CHF = 11.69 MAD
15 January 20241 CHF = 11.29 MAD
16 January 20241 CHF = 11.26 MAD
17 January 20241 CHF = 11.24 MAD
18 January 20241 CHF = 11.56 MAD
19 January 20241 CHF = 11.51 MAD
22 January 20241 CHF = 11.09 MAD
23 January 20241 CHF = 11.44 MAD
24 January 20241 CHF = 11.48 MAD
25 January 20241 CHF = 11.53 MAD
26 January 20241 CHF = 11.51 MAD
27 January 20241 CHF = 11.52 MAD
28 January 20241 CHF = 11.55 MAD
29 January 20241 CHF = 11.17 MAD
30 January 20241 CHF = 11.63 MAD
31 January 20241 CHF = 11.61 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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

02/06/2014: Introduction of the fourth dirham

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

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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

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

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
CHF MAD July 2023
CHF MAD August 2023
CHF MAD September 2023
CHF MAD October 2023
CHF MAD November 2023
CHF MAD December 2023
CHF MAD January 2024
CHF MAD February 2024
CHF MAD March 2024
CHF MAD April 2024
CHF MAD May 2024
CHF MAD June 2024
CHF MAD July 2024