Converter Moroccan dirham

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Currency Of Morocco

Use of the converter

Enter the amount to convert at the top and choose a second currency., You can also get the history of the price rate by clicking on the "convert" button., If you want to see the parity of the MAD currency with other currencies, go to the table " Moroccan dirham exchange rate" below. , The last update to the Mataf MAD Currency Converter is dated from

The Moroccan dirham

The Moroccan dirham (not to be confused with the Tunisian, Algerian or Libyan dinar) is divided into 100 santimat (or cents). Its name is derived from the Greek currency, the drachma. The dirham is also used as the name of the currency of the United Arab Emirates.

Within the country, you can find nearly 9 different coins that subdivide the dirham. These coins traditionally feature the reigning king, who has been Mohammed VI since 2002. But you can also find lots of coins with Hassan II, his father. You can also find him on all banknote denominations. It should be said that in Morocco, the king is more than an institution – he is the representative of the Muslim God on Earth.

Coins are very much used in Morocco. They are used extensively in souks, other «institutions» of the Maghreb countries where no price is set in advance. This custom is not only for tourists because the local population are also subject to the same regime.

These coins are also used to pay for taxi rides, which also have a variable rate, for water or orange juice carriers in Place Jemaa El Fna in Marrakech, etc.

Exchange rate - Moroccan dirham

currency Moroccan dirham 1 MAD =
Euro 1 MAD = 0.0900 EUR
Nigerian naira 1 MAD = 38.2368 NGN
CFA Franc BCEAO 1 MAD = 59.0303 XOF
Indian rupee 1 MAD = 6.9030 INR
Philippine peso 1 MAD = 5.4590 PHP
Pakistani rupee 1 MAD = 11.1686 PKR
Indonesian rupiah 1 MAD = 1432.4256 IDR
Algerian dinar 1 MAD = 12.1170 DZD
US dollar 1 MAD = 0.1060 USD
Japanese yen 1 MAD = 12.0352 JPY

currency Moroccan dirham 1 MAD =
US dollar 1 USD = 9.4327 MAD
Pound sterling 1 GBP = 12.4469 MAD
Euro 1 EUR = 11.1122 MAD
Canadian dollar 1 CAD = 7.4699 MAD
Saudi riyal 1 SAR = 2.5152 MAD
UAE dirham 1 AED = 2.5682 MAD
Qatari riyal 1 QAR = 2.4921 MAD
Philippine peso 1 PHP = 0.1832 MAD
Indian rupee 1 INR = 0.1449 MAD
Swedish krona 1 SEK = 1.1557 MAD
Australian dollar 1 AUD = 7.3716 MAD
Kuwaiti dinar 1 KWD = 31.2059 MAD
Malaysian ringgit 1 MYR = 2.2326 MAD