Historic Yemeni Rial Moroccan dirham

Yemeni Rial moroccan dirham history for February 2024. The highest quote for this month is 0.040344 (21/02/2024) and the lowest 0.040251 (17/02/2024). The difference between high and low is 0.23.

YER MAD average rate for February 2024 is 0.03991, the change between 01/02/2024 and 29/02/2024 is +1.92 %.

01 February 20241 YER = 0.0400 MAD
02 February 20241 YER = 0.0400 MAD
03 February 20241 YER = 0.0401 MAD
04 February 20241 YER = 0.0401 MAD
05 February 20241 YER = 0.0391 MAD
06 February 20241 YER = 0.0390 MAD
07 February 20241 YER = 0.0403 MAD
08 February 20241 YER = 0.0403 MAD
09 February 20241 YER = 0.0402 MAD
12 February 20241 YER = 0.0388 MAD
13 February 20241 YER = 0.0402 MAD
14 February 20241 YER = 0.0403 MAD
15 February 20241 YER = 0.0403 MAD
16 February 20241 YER = 0.0402 MAD
17 February 20241 YER = 0.0403 MAD
18 February 20241 YER = 0.0403 MAD
19 February 20241 YER = 0.0390 MAD
20 February 20241 YER = 0.0391 MAD
21 February 20241 YER = 0.0403 MAD
22 February 20241 YER = 0.0403 MAD
23 February 20241 YER = 0.0402 MAD
24 February 20241 YER = 0.0402 MAD
25 February 20241 YER = 0.0402 MAD
26 February 20241 YER = 0.0389 MAD
27 February 20241 YER = 0.0401 MAD
28 February 20241 YER = 0.0403 MAD
29 February 20241 YER = 0.0392 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.

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

02/06/2014: Introduction of the fourth dirham

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

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.