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Currency.Wiki
Updated 1 minute ago
 MAD =
    CNY
 Moroccan Dirham =  Chinese Yuan
Trending: MAD exchange rates for the last 24 hours
  • MAD/USD 0.099276 -0.00146668
  • MAD/EUR 0.096104 0.00121277
  • MAD/JPY 15.098676 -0.48209085
  • MAD/GBP 0.079983 0.00088718
  • MAD/CHF 0.090321 0.00144680
  • MAD/MXN 2.044134 -0.03092509
  • MAD/INR 8.681002 0.17880114
  • MAD/BRL 0.580196 0.00094629
  • MAD/CNY 0.725268 -0.00336082

MAD/CNY exchange rate analysis over the past 90 days

Moroccan Dirham to Chinese Yuan exchange rate: Over the last 90 days, the Moroccan Dirham weakened by -0.46% against the Chinese Yuan, declining from CN¥0.7286 to CN¥0.7253 per Moroccan Dirham. This trend reflects the evolving economic dynamics between the Morocco and the China. Factors contributing to this weakening may include:

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

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

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.

CN¥

Chinese Yuan Currency

Country: China

Symbol: CN¥

ISO Code: CNY

Bank: People's Bank of China

Interesting fact about Chinese Yuan

The Chinese Yuan (CNY) is the official currency of China, issued by the People's Bank of China. It was first introduced in 1948 and has since undergone several reforms to become more market-oriented. The Yuan is significant in China as it plays a crucial role in the country's economic growth and global trade, and it serves as a symbol of China's economic power and influence in the international marketplace.

Quick Conversion Guide

Frequently Asked Questions

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The Moroccan Dirham to Chinese Yuan 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 MAD to CNY is CN¥0.73.
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Yes, our site provides historical charts that show the trends and fluctuations in the Moroccan Dirham to Chinese Yuan 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.