Geo Countries
Morocco national flag - official symbol of Africa

Current Date And Time In Morocco

Saturday, 18 July 2026
13:32:31 WEST
Capital: Rabat
Currency: Moroccan dirham (MAD)
Timezone: UTC +00:00 (WEST)
Population: 37,974,572

💰 د.م. Moroccan dirham (MAD) - Morocco Currency Guide


Moroccan dirham (MAD) is the official currency of Morocco, represented by the symbol د.م.. This comprehensive currency guide provides real-time exchange rates, forex trading data and practical information for international businesses, traders and financial professionals conducting transactions with Morocco.

Benefits for Professionals: Real-time exchange rates • Hourly currency updates • Major currency pairs • ISO 4217 currency codes • International payment reference • Forex trading data • Business transaction rates • Travel currency planning • Currency converter tool • Market research foundation for international operations and cross-border commerce

💰 Moroccan Dirham Currency Profile

Moroccan Dirham (MAD) is the official legal tender of Morocco, identified by the currency symbol د.م. and the ISO 4217 code MAD. This profile provides the core reference data for the MAD currency — including its official name, symbol, issuing country and continental region — useful for international invoicing, forex identification, banking transactions and cross-border payment processing involving Morocco.

Currency Name Moroccan Dirham
ISO 4217 Code MAD
Currency Symbol د.م.
Country Morocco
Continent Africa

📊 MAD Exchange Rates

This table lists live MAD exchange rates against every major world currency — showing exactly how much 1 د.م. Moroccan Dirham is worth in each foreign currency, plus the inverse rate (how much of each foreign currency equals 1 MAD). Rates are recalculated hourly, making this the most current MAD conversion reference for forex traders, importers/exporters, international businesses and travelers dealing with Morocco.

⏰ Updated hourly • Jul 18, 2026 12:32 PM UTC

Currency Code 1 MAD = Inverse Rate
United States Dollar USD 0.1073 1 = 9.3188 MAD
Euro EUR 0.0938 1 = 10.6579 MAD
Japanese Yen JPY 17.4330 1 = 0.0574 MAD
British Pound Sterling GBP 0.0798 1 = 12.5329 MAD
Chinese Yuan CNY 0.7270 1 = 1.3754 MAD
Australian Dollar AUD 0.1537 1 = 6.5045 MAD
Canadian Dollar CAD 0.1505 1 = 6.6433 MAD
Swiss Franc CHF 0.0867 1 = 11.5383 MAD
Indian Rupee INR 10.3704 1 = 0.0964 MAD
Mexican Peso MXN 1.8823 1 = 0.5313 MAD
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💱 Moroccan Dirham VS Major World Currencies

Compare the Moroccan Dirham (MAD) against the five most traded currencies in global forex markets: the US Dollar (USD), Euro (EUR), Japanese Yen (JPY), British Pound (GBP) and Chinese Yuan (CNY). This MAD vs major currencies comparison shows both the direct rate — how much foreign currency 1 د.م. buys — and the inverse rate, useful for pricing Morocco imports and exports, benchmarking MAD strength and planning international financial transactions.

⏰ Live Rate • Updated Hourly • Jul 18, 2026 6:30 AM UTC

Symbol Currency Exchange Rate Inverse Rate
$ 🇺🇸 USD
United States Dollar
د.م. 1 = $ 0.10731 $ 1 = د.م. 9.31882
🇪🇺 EUR
Euro
د.م. 1 = € 0.09383 € 1 = د.م. 10.65794
¥ 🇯🇵 JPY
Japanese Yen
د.م. 1 = ¥ 17.43300 ¥ 1 = د.م. 0.05736
£ 🇬🇧 GBP
British Pound Sterling
د.م. 1 = £ 0.07979 £ 1 = د.م. 12.53288
¥ 🇨🇳 CNY
Chinese Yuan
د.م. 1 = ¥ 0.72704 ¥ 1 = د.م. 1.37543

💡 Need more conversions? Use our Currency Converter Tool for hourly-updated rates, historical data and calculations for 100+ currencies.

🌏 Regional Currencies in Africa

See how the Moroccan Dirham (MAD) compares against every other currency used across Africa. This MAD regional currency comparison is essential for intra-continental trade pricing, cross-border travel budgeting, regional investment analysis, and understanding Morocco's currency strength relative to its continental neighbours. Each row shows both the direct and inverse conversion rate so you can instantly calculate costs in either direction.

⏰ Live Rate • Updated Hourly • Jul 18, 2026 6:30 AM UTC

Country Currency Exchange Rate Inverse Rate
Nigeria NGN
Nigerian naira
د.م. 1 = ₦ 147.90996 ₦ 1 = د.م. 0.00676
Ethiopia ETB
Ethiopian birr
د.م. 1 = Br 17.29954 Br 1 = د.م. 0.05781
Egypt EGP
Egyptian pound
د.م. 1 = E£ 5.41909 E£ 1 = د.م. 0.18453
Democratic Republic Of The Congo CDF
Congolese franc
د.م. 1 = Fr 247.37364 Fr 1 = د.م. 0.00404
Tanzania TZS
Tanzanian shilling
د.م. 1 = Sh 281.79503 Sh 1 = د.م. 0.00355
South Africa ZAR
South African rand
د.م. 1 = R 1.76444 R 1 = د.م. 0.56675
Kenya KES
Kenyan shilling
د.م. 1 = Sh 13.86978 Sh 1 = د.م. 0.07210
Sudan SDG
Sudanese pound
د.م. 1 = ج.س. 64.43947 ج.س. 1 = د.م. 0.01552

🌍 Planning to travel or trade in Africa? Compare exchange rates and use our currency converter for accurate regional conversions.

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📖 Comprehensive Guide to Moroccan dirham (MAD)

Understanding the Moroccan dirham

The Moroccan dirham (MAD) serves as the official monetary unit of Morocco, facilitating all domestic and international financial transactions. Represented by the symbol د.م., this currency plays a crucial role in Morocco's economy, international trade relationships and global financial markets. See the full MAD currency profile for ISO code and symbol reference.

The ISO 4217 standard currency code MAD is universally recognized in international banking systems, forex trading platforms, financial documentation and electronic payment processing. This three-letter code ensures accurate currency identification across global financial networks, preventing errors in international money transfers, foreign exchange transactions and cross-border commerce operations. View the live MAD exchange rates table for current conversion data.

Currency Exchange & Forex Trading

The MAD exchange rate fluctuates continuously in global forex markets based on economic indicators, central bank policies, trade balances, inflation rates, political stability and investor sentiment. Real-time MAD exchange rates are essential for international businesses conducting import/export operations, multinational corporations managing currency risk, forex traders executing market strategies and travelers planning international trips to Morocco. Track current rates in the MAD exchange rates table above.

Major MAD currency pairs traded in forex markets include MAD/USD (Moroccan dirham to US Dollar), MAD/EUR (Moroccan dirham to Euro), MAD/GBP (Moroccan dirham to British Pound) and MAD/JPY (Moroccan dirham to Japanese Yen). Professional forex traders analyze technical indicators, economic data releases and geopolitical events to predict MAD price movements and identify profitable trading opportunities. Compare rates in the MAD vs major world currencies card.

International Business & Trade

Businesses engaged in international trade with Morocco must manage MAD currency exposure through hedging strategies, forward contracts and currency options to mitigate exchange rate risk. Understanding MAD conversion rates is critical for accurate pricing strategies, profit margin calculations, contract negotiations and financial forecasting when conducting business operations in Morocco's markets. See regional currency rates in Africa for cross-border context.

Importers purchasing goods from Morocco require MAD to settle invoices, while exporters selling products to Morocco receive payment in Moroccan dirham. Currency conversion fees, bank transfer charges and exchange rate spreads significantly impact transaction costs, making competitive MAD exchange rates essential for maintaining profit margins in cross-border commerce. Check the full MAD exchange rates table for current rates.

Travel & Tourism Information

Travelers visiting Morocco need to exchange their home currency for Moroccan dirham (MAD) to pay for accommodations, transportation, dining, shopping and tourist attractions. The MAD exchange rate directly affects travel budgets, with favorable rates providing greater purchasing power for international visitors exploring Morocco's destinations.

Currency exchange options for travelers include airport exchange counters, local banks, ATM withdrawals, credit card transactions and specialized currency exchange services. Comparing MAD exchange rates across providers helps travelers minimize conversion fees and secure the best value when converting foreign currency to Moroccan dirham for their Morocco travel expenses. See MAD vs major currencies for USD, EUR and GBP travel rates.

Digital Currency Tools & Resources

Our MAD currency converter provides instant exchange rate calculations between Moroccan dirham and 180+ world currencies, powered by real-time market data updated hourly. This professional-grade tool serves forex traders conducting technical analysis, business professionals managing international payments, e-commerce merchants pricing products for Morocco's market and travelers planning trip budgets.

Access historical MAD exchange rates, currency trend charts, volatility analysis and comparative currency data to support strategic decision-making in international finance, cross-border investments and global business expansion initiatives targeting Morocco's economy. Our comprehensive currency database includes ISO 4217 codes, currency symbols, decimal specifications and related financial reference data for professional applications.

Economic Indicators & Market Analysis

The MAD value reflects Morocco's economic health, including GDP growth rates, unemployment levels, inflation trends, trade balance figures, foreign investment flows and central bank monetary policies. Financial analysts and market researchers monitor these MAD economic indicators to forecast currency movements, assess investment opportunities and evaluate country risk for international business ventures.

Understanding Moroccan dirham dynamics is essential for portfolio managers allocating assets internationally, corporate treasurers managing foreign exchange exposure, financial institutions processing cross-border payments and businesses expanding operations into Morocco's market. Stay informed with our live MAD exchange rates, market insights and professional currency tools designed for international finance professionals and global business operations.