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Currency.Wiki
Updated 4 minutes ago
 MAD =
    USD
 Moroccan Dirham =  US Dollars
Trending: MAD exchange rates for the last 24 hours
  • MAD/USD 0.099276 -0.00146668
  • MAD/EUR 0.096085 0.00119421
  • MAD/JPY 15.099992 -0.48077545
  • MAD/GBP 0.079975 0.00087874
  • MAD/CHF 0.090302 0.00142824
  • MAD/MXN 2.043531 -0.03152799
  • MAD/INR 8.680907 0.17870673
  • MAD/BRL 0.580564 0.00131361
  • MAD/CNY 0.725268 -0.00336082

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.

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.

$

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.

Quick Conversion Guide

Frequently Asked Questions

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The Moroccan Dirham to US Dollar 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 USD is $0.1.
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Yes, our site provides historical charts that show the trends and fluctuations in the Moroccan Dirham to US Dollar 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.