MAD/USD exchange rate analysis over the past 90 days
Moroccan Dirham to US Dollar exchange rate: Over the last 90 days, the Moroccan Dirham weakened by -1.48% against the US Dollar, declining from $0.1007 to $0.0993 per Moroccan Dirham. This trend reflects the evolving economic dynamics between the Morocco and the United States. Factors contributing to this weakening may include:
- Trade Imbalances: Disparities in trade and investment between Morocco and United States.
- Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Morocco and United States.
- Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Morocco or United States.
- Global Pressures: External economic or geopolitical events that may unfavorably impact the Morocco relative to the United States.
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.
US Dollar Currency
Country: United States
Symbol: $
ISO Code: USD
Bank: Federal Reserve System
Interesting fact about US Dollar
The United States Dollar (USD) is the official currency of the United States. Its history dates back to 1792 when it was first established as the country's monetary unit. Today, the USD is one of the most widely accepted and recognized currencies globally. It serves as a symbol of economic strength, stability, and as a medium for international trade and transactions.
MAD1 Moroccan Dirham | $ 0.1 US Dollars |
MAD10 Moroccan Dirhams | $ 0.99 US Dollars |
MAD20 Moroccan Dirhams | $ 1.99 US Dollars |
MAD30 Moroccan Dirhams | $ 2.98 US Dollars |
MAD40 Moroccan Dirhams | $ 3.97 US Dollars |
MAD50 Moroccan Dirhams | $ 4.96 US Dollars |
MAD60 Moroccan Dirhams | $ 5.96 US Dollars |
MAD70 Moroccan Dirhams | $ 6.95 US Dollars |
MAD80 Moroccan Dirhams | $ 7.94 US Dollars |
MAD90 Moroccan Dirhams | $ 8.93 US Dollars |
MAD100 Moroccan Dirhams | $ 9.93 US Dollars |
MAD200 Moroccan Dirhams | $ 19.86 US Dollars |
MAD300 Moroccan Dirhams | $ 29.78 US Dollars |
MAD400 Moroccan Dirhams | $ 39.71 US Dollars |
MAD500 Moroccan Dirhams | $ 49.64 US Dollars |
MAD600 Moroccan Dirhams | $ 59.57 US Dollars |
MAD700 Moroccan Dirhams | $ 69.49 US Dollars |
MAD800 Moroccan Dirhams | $ 79.42 US Dollars |
MAD900 Moroccan Dirhams | $ 89.35 US Dollars |
MAD1000 Moroccan Dirhams | $ 99.28 US Dollars |
MAD2000 Moroccan Dirhams | $ 198.55 US Dollars |
MAD3000 Moroccan Dirhams | $ 297.83 US Dollars |
MAD4000 Moroccan Dirhams | $ 397.1 US Dollars |
MAD5000 Moroccan Dirhams | $ 496.38 US Dollars |
$1 US Dollar | MAD 10.07 Moroccan Dirhams |
$10 US Dollars | MAD 100.73 Moroccan Dirhams |
$20 US Dollars | MAD 201.46 Moroccan Dirhams |
$30 US Dollars | MAD 302.19 Moroccan Dirhams |
$40 US Dollars | MAD 402.92 Moroccan Dirhams |
$50 US Dollars | MAD 503.65 Moroccan Dirhams |
$60 US Dollars | MAD 604.38 Moroccan Dirhams |
$70 US Dollars | MAD 705.11 Moroccan Dirhams |
$80 US Dollars | MAD 805.84 Moroccan Dirhams |
$90 US Dollars | MAD 906.57 Moroccan Dirhams |
$100 US Dollars | MAD 1007.3 Moroccan Dirhams |
$200 US Dollars | MAD 2014.59 Moroccan Dirhams |
$300 US Dollars | MAD 3021.89 Moroccan Dirhams |
$400 US Dollars | MAD 4029.19 Moroccan Dirhams |
$500 US Dollars | MAD 5036.48 Moroccan Dirhams |
$600 US Dollars | MAD 6043.78 Moroccan Dirhams |
$700 US Dollars | MAD 7051.08 Moroccan Dirhams |
$800 US Dollars | MAD 8058.38 Moroccan Dirhams |
$900 US Dollars | MAD 9065.67 Moroccan Dirhams |
$1000 US Dollars | MAD 10072.97 Moroccan Dirhams |
$2000 US Dollars | MAD 20145.94 Moroccan Dirhams |
$3000 US Dollars | MAD 30218.91 Moroccan Dirhams |
$4000 US Dollars | MAD 40291.88 Moroccan Dirhams |
$5000 US Dollars | MAD 50364.85 Moroccan Dirhams |