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Currency.Wiki
Updated 2 minutes ago
 MAD =
    EUR
 Moroccan Dirham =  Euros
Trending: MAD exchange rates for the last 24 hours
  • MAD/USD 0.099713 -0.00152859
  • MAD/EUR 0.095905 0.00212516
  • MAD/JPY 15.272603 -0.23527695
  • MAD/GBP 0.079783 0.00180424
  • MAD/CHF 0.090127 0.00176554
  • MAD/MXN 2.057413 0.05222723
  • MAD/INR 8.720823 0.18552060
  • MAD/BRL 0.574291 -0.00202393
  • MAD/CNY 0.725399 0.00222326

MAD/EUR exchange rate analysis over the past 90 days

Moroccan Dirham to Euro exchange rate: Over the last 90 days, the Moroccan Dirham strengthened by 2.22% against the Euro, moving from €0.0938 to €0.0959 per Moroccan Dirham. This trend reflects the evolving economic dynamics between the Morocco and the European Union. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Morocco and European Union.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Morocco and European Union.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Morocco or European Union.
  • Global Influences: Broader economic or geopolitical events that can impact both the Morocco and the European Union.

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

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.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

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The Moroccan Dirham to Euro 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 EUR is €0.1.
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Yes, our site provides historical charts that show the trends and fluctuations in the Moroccan Dirham to Euro 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.