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Exchange rates for the US dollar in Morocco / USD 1 = MAD ... (buying) / up to 2017

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Time series key BBEX3.A.MAD.USD.CA.AA.A04
Unit MAD
Dimension one
Timespan from 1961 to 2017
Last update 20.09.2023 12:49:35 PM
   
General Since January 2018 only middle rates were published; see BBEX3:A:MAD:USD:CA:AC:A04.
Methodology Calculated on the basis of mid-month and month-end rates. 1961 and 1962, calculated on the basis of month-end rates.
Source Bank Al-Maghrib (formerly: Banque du Maroc), Rabat.
   
Comment on 1990 On 2 May 1990, the dirham was devalued. We recorded the following exchange rates (buying/selling rate): 2 May 1990: USD 1 = MAD 8.8016 / 8.8468 Calculated devaluation of 25 April 1990: 8.9%.
Comment on 1961 Average from June to December 1961.