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Currency.Wiki
Updated 3 minutes ago
 EUR =
    MAD
 Euro =  Moroccan Dirhams
Trending: € exchange rates for the last 24 hours
  • EUR/USD 1.032088 -0.02957594
  • EUR/JPY 156.735330 -7.46119952
  • EUR/GBP 0.833092 -0.00045526
  • EUR/CHF 0.939620 0.00302763
  • EUR/MXN 21.263465 -0.60436200
  • EUR/INR 90.294716 0.69503400
  • EUR/BRL 5.969698 -0.13467742
  • EUR/CNY 7.540019 -0.13856854

EUR/MAD exchange rate analysis over the past 90 days

Euro to Moroccan Dirham exchange rate: Over the last 90 days, the Euro weakened by -1.74% against the Moroccan Dirham, declining from MAD10.5384 to MAD10.3584 per Euro. This trend reflects the evolving economic dynamics between the European Union and the Morocco. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between European Union and Morocco.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between European Union and Morocco.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the European Union or Morocco.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the European Union relative to the Morocco.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro banknotes vary in color and size, with denominations ranging from €5 to €500. Each banknote represents a specific architectural period. The coins have a common European side and a national side, with values of 1 cent to €2. The designs portray national symbols, historic figures, and important cultural elements. Both the banknotes and coins include security features such as holograms, microprinting, and raised print to prevent counterfeiting.

MAD

Moroccan Dirham Currency

Country: Morocco

Symbol: MAD

ISO Code: MAD

Bank: Bank Al-Maghrib

Interesting fact about Moroccan Dirham

The Moroccan Dirham (MAD) banknotes feature a variety of designs and colors.

Quick Conversion Guide

Frequently Asked Questions

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The Euro to Moroccan Dirham exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 EUR to MAD is MAD10.36.
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Yes, our site provides historical charts that show the trends and fluctuations in the Euro to Moroccan Dirham exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.