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Currency.Wiki
Updated 4 minutes ago
 MAD =
    JPY
 Moroccan Dirham =  Japanese yen
Trending: MAD exchange rates for the last 24 hours
  • MAD/USD 0.099638 -0.00110414
  • MAD/EUR 0.096604 0.00171300
  • MAD/JPY 15.152919 -0.42784818
  • MAD/GBP 0.080429 0.00133272
  • MAD/CHF 0.090742 0.00186782
  • MAD/MXN 2.052327 -0.02273268
  • MAD/INR 8.715459 0.21325851
  • MAD/BRL 0.577778 -0.00147239
  • MAD/CNY 0.728006 -0.00062251

MAD/JPY exchange rate analysis over the past 90 days

Moroccan Dirham to Japanese Yen exchange rate: Over the last 90 days, the Moroccan Dirham weakened by -2.82% against the Japanese Yen, declining from ¥15.5808 to ¥15.1529 per Moroccan Dirham. This trend reflects the evolving economic dynamics between the Morocco and the Japan. Factors contributing to this weakening may include:

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

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.

¥

Japanese Yen Currency

Country: Japan

Symbol: ¥

ISO Code: JPY

Bank: Bank of Japan

Interesting fact about Japanese Yen

The Japanese Yen (JPY) is the official currency of Japan. Introduced in 1871, it has a long history tied to Japan's economic growth. The JPY is widely used in international trade and is considered a safe-haven currency. It plays a crucial role in Japan's exports, imports, and domestic market, contributing to its status as the third-largest economy globally.

Quick Conversion Guide

Frequently Asked Questions

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The Moroccan Dirham to Japanese Yen 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 JPY is ¥15.15.
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Yes, our site provides historical charts that show the trends and fluctuations in the Moroccan Dirham to Japanese Yen 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.