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Exchange rates for the Deutsche Mark in Morocco / DEM 1 = MAD ... (middle) / up to 1998

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Time series key BBEX3.A.MAD.DEM.CA.AC.A04
Unit MAD
Dimension one
Timespan from 1961 to 1998
Last update 20.09.2023 12:49:35 PM
   
General Listed against the euro as of January 1999, see BBEX3:A:MAD:EUR: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): 25 April 1990: DEM 1 = MAD 4.7349 / 4.7582 2 May 1990: DEM 1 = MAD 5.2208 / 5.2465 Calculated devaluation against the rates recorded at 25 April 1990: 9.3%.
Comment on 1969 No exchange rate data are available for May 1969.
Comment on 1961 Average from June to December 1961.