Moroccan Dirham- Symbol: DH | MAD
1. The official and national currency of Morocco is the Moroccan Dirham, abbreviated as MAD.
2. Morocco first introduced the dirham in 1960 in order to replace "franc" after the end of the French protectorate.
3. Only the Bank Al-Maghrib holds the issuance right of the Moroccan Dirham.
4. MAD is pegged to the international currency at a percentage of 60% EUR and 40% USD.
5. Moroccan Dirhams has banknotes in 20, 50, 100 and 200DH denominations and also comes in coins.
What is the interbank exchange rate for the Moroccan Dirham ?
1 GBP = 12.647600 MAD
Last update date : 18-05-2024 10:50:22
Last updated on 18-05-2024 10:50:22
The below table shows the exchange rate and inverse exchange rate
Last updated on 18-05-2024 10:50:23
Currency |
Exchange Rate |
Inverse Rate |
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