Date Wizard Logo

Want to calculate dates? Try Date Wizard!

Currency.Wiki
Updated 4 minutes ago
 MAD =
    MXN
 Moroccan Dirham =  Mexican Pesos
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/MXN exchange rate analysis over the past 90 days

Moroccan Dirham to Mexican Peso exchange rate: Over the last 90 days, the Moroccan Dirham strengthened by 2.54% against the Mexican Peso, moving from MX$2.0052 to MX$2.0574 per Moroccan Dirham. This trend reflects the evolving economic dynamics between the Morocco and the Mexico. Factors influencing this rate may include:

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

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.

MX$

Mexican Peso Currency

Country: Mexico

Symbol: MX$

ISO Code: MXN

Bank: Bank of Mexico

Interesting fact about Mexican Peso

The Mexican Peso (MXN) is the official currency of Mexico. It has a rich history dating back to the colonial era. The peso has played a significant role in Mexico's economy, serving as a symbol of national identity and reflecting the country's economic ups and downs. Today, it is widely accepted and used for daily transactions and international trade.

Quick Conversion Guide

Frequently Asked Questions

+
The Moroccan Dirham to Mexican Peso exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
+
Today conversion rate from 1 MAD to MXN is MX$2.06.
+
Yes, our site provides historical charts that show the trends and fluctuations in the Moroccan Dirham to Mexican Peso exchange rate over different time periods.
+
While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
+
The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.