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.
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.
MAD1 Moroccan Dirham | ¥ 15.15 Japanese yen |
MAD10 Moroccan Dirhams | ¥ 151.53 Japanese yen |
MAD20 Moroccan Dirhams | ¥ 303.06 Japanese yen |
MAD30 Moroccan Dirhams | ¥ 454.59 Japanese yen |
MAD40 Moroccan Dirhams | ¥ 606.12 Japanese yen |
MAD50 Moroccan Dirhams | ¥ 757.65 Japanese yen |
MAD60 Moroccan Dirhams | ¥ 909.18 Japanese yen |
MAD70 Moroccan Dirhams | ¥ 1060.7 Japanese yen |
MAD80 Moroccan Dirhams | ¥ 1212.23 Japanese yen |
MAD90 Moroccan Dirhams | ¥ 1363.76 Japanese yen |
MAD100 Moroccan Dirhams | ¥ 1515.29 Japanese yen |
MAD200 Moroccan Dirhams | ¥ 3030.58 Japanese yen |
MAD300 Moroccan Dirhams | ¥ 4545.88 Japanese yen |
MAD400 Moroccan Dirhams | ¥ 6061.17 Japanese yen |
MAD500 Moroccan Dirhams | ¥ 7576.46 Japanese yen |
MAD600 Moroccan Dirhams | ¥ 9091.75 Japanese yen |
MAD700 Moroccan Dirhams | ¥ 10607.04 Japanese yen |
MAD800 Moroccan Dirhams | ¥ 12122.34 Japanese yen |
MAD900 Moroccan Dirhams | ¥ 13637.63 Japanese yen |
MAD1000 Moroccan Dirhams | ¥ 15152.92 Japanese yen |
MAD2000 Moroccan Dirhams | ¥ 30305.84 Japanese yen |
MAD3000 Moroccan Dirhams | ¥ 45458.76 Japanese yen |
MAD4000 Moroccan Dirhams | ¥ 60611.68 Japanese yen |
MAD5000 Moroccan Dirhams | ¥ 75764.6 Japanese yen |
¥1 Japanese Yen | MAD 0.07 Moroccan Dirhams |
¥10 Japanese yen | MAD 0.66 Moroccan Dirhams |
¥20 Japanese yen | MAD 1.32 Moroccan Dirhams |
¥30 Japanese yen | MAD 1.98 Moroccan Dirhams |
¥40 Japanese yen | MAD 2.64 Moroccan Dirhams |
¥50 Japanese yen | MAD 3.3 Moroccan Dirhams |
¥60 Japanese yen | MAD 3.96 Moroccan Dirhams |
¥70 Japanese yen | MAD 4.62 Moroccan Dirhams |
¥80 Japanese yen | MAD 5.28 Moroccan Dirhams |
¥90 Japanese yen | MAD 5.94 Moroccan Dirhams |
¥100 Japanese yen | MAD 6.6 Moroccan Dirhams |
¥200 Japanese yen | MAD 13.2 Moroccan Dirhams |
¥300 Japanese yen | MAD 19.8 Moroccan Dirhams |
¥400 Japanese yen | MAD 26.4 Moroccan Dirhams |
¥500 Japanese yen | MAD 33 Moroccan Dirhams |
¥600 Japanese yen | MAD 39.6 Moroccan Dirhams |
¥700 Japanese yen | MAD 46.2 Moroccan Dirhams |
¥800 Japanese yen | MAD 52.8 Moroccan Dirhams |
¥900 Japanese yen | MAD 59.39 Moroccan Dirhams |
¥1000 Japanese yen | MAD 65.99 Moroccan Dirhams |
¥2000 Japanese yen | MAD 131.99 Moroccan Dirhams |
¥3000 Japanese yen | MAD 197.98 Moroccan Dirhams |
¥4000 Japanese yen | MAD 263.98 Moroccan Dirhams |
¥5000 Japanese yen | MAD 329.97 Moroccan Dirhams |