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Currency.Wiki
Updated 4 seconds ago
 GBP =
    MAD
 British Pound Sterling =  Moroccan Dirhams
Trending: £ exchange rates for the last 24 hours
  • GBP/USD 1.253716 -0.04459948
  • GBP/EUR 1.203245 0.00061162
  • GBP/JPY 191.649877 -7.22292271
  • GBP/CHF 1.130324 -0.00282756
  • GBP/MXN 25.845968 0.13149526
  • GBP/INR 109.554872 0.09828961
  • GBP/BRL 7.253247 -0.13741233
  • GBP/CNY 9.118024 -0.15597159

GBP/MAD exchange rate analysis over the past 90 days

British Pound Sterling to Moroccan Dirham exchange rate: Over the last 90 days, the British Pound Sterling weakened by -2.16% against the Moroccan Dirham, declining from MAD12.8240 to MAD12.5531 per British Pound Sterling. This trend reflects the evolving economic dynamics between the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey and the Morocco. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey and Morocco.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey and Morocco.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey or Morocco.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey 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.

£

British Pound Sterling Currency

Country: United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey

Symbol: £

ISO Code: GBP

Bank: Bank of England

Interesting fact about British Pound Sterling

The British Pound Sterling (GBP) is the currency of the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, and Guernsey. With a long history dating back to the 8th century, it has played a significant role in global trade and the UK's economy. As one of the world's major currencies, the GBP remains an important symbol of economic strength and stability in these regions.

MAD

Moroccan Dirham Currency

Country: Morocco

Symbol: MAD

ISO Code: MAD

Bank: Bank Al-Maghrib

Interesting fact about Moroccan Dirham

The Moroccan Dirham (MAD) is the official currency of Morocco. It was introduced in 1960, replacing the Moroccan Franc. The Dirham is issued and regulated by the Bank Al-Maghrib, the country's central bank. It plays a vital role in the Moroccan economy, facilitating domestic and international transactions, and is widely accepted across the country for various goods and services.

Quick Conversion Guide

Frequently Asked Questions

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The British Pound Sterling 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 GBP to MAD is MAD12.55.
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Yes, our site provides historical charts that show the trends and fluctuations in the British Pound Sterling 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.