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For a trade with a time to expiry of v days, the expiry date is the day v days ahead of the horizon date (unless it is a weekend or 1 January, in which case the date is rolled forward to a weekday) and for a trade with time to expiry of x weeks, the expiry date is the day 7x days ahead of the horizon date (with the same conditions as above).
The Moroccan dirham (Arabic: درهم, romanized: dirham, Moroccan Arabic: درهم, romanized: derhem; sign: DH; code: MAD) is the official monetary currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. One Moroccan dirham is subdivided into 100 santimat (singular: santim; Arabic: سنتيم).
The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates.
If the exchange rate from 1947 is used, then the output text should also have "at the 1947 exchange rate" or similar in it. Otherwise the reader will not know if the exchange rate used was from 1947 or the date that the entry was made to the article (editors sometimes look up the current exchange when they edit) or from the date they are ...
The dirham was a unit of mass used across North Africa, the Middle East, Persia and Ifat; later known as Adal, with varying values. The value of Islamic dirham was 14 qirat. 10 dirham equals 7 mithqal (2.975 gm of silver). In the late Ottoman Empire (Ottoman Turkish: درهم), the standard dirham was 3.207 g; [1] 400 dirhem equal one oka.
It replaced a system consisting of copper falus, silver dirham and gold benduqi. In Spanish Morocco, the rial was replaced by the Spanish peseta in 1912 at a rate of 1 rial = 5 pesetas. In French Morocco, the rial was replaced in 1921 by the franc at a rate of 1 rial = 10 francs.
As many decimal places may be used as required for precision, so 0.5 d = 0.500000 d. Fractional days are often calculated in UTC or TT, although Julian Dates use pre-1925 astronomical date/time (each date began at noon = ".0") and Microsoft Excel uses the local time zone of the computer. Using fractional days reduces the number of units in time ...
This was the first time Morocco had used daylight saving time since 1978. [4] 2009: DST began on 1 June and ended on 21 August. [5] 2010: DST began on 2 May and ended on 8 August, just before Ramadan, as had been the case in recent years. [6] 2011: DST began on 2 April at midnight and ended on 31 July at midnight. [7]