MAD / EUR · Daily reference rate
Moroccan Dirham to Euro
Convert MAD to EUR with the latest daily reference rate and a year of history. Rates are for information only and are not what a bank or transfer service will give you.
History
MAD to EUR rate over time
Over the past year, MAD to EUR moved -2.49% (0.09323 to 0.09091). Range 0.08924 to 0.0939.
Compare
MAD against major currencies
| Pair | Rate | 30 days | 1 year |
|---|---|---|---|
| +13 MAD / USD US Dollar | 0.102 | -1.95% | -5.74% |
| MAD / EUR Euro | 0.09091 | -0.45% | -2.49% |
| +1 MAD / GBP Pound Sterling | 0.0762 | -2.90% | -6.14% |
| MAD / JPY Yen | 16.034 | -2.69% | -3.01% |
| +4 MAD / AUD Australian Dollar | 0.1454 | -1.55% | -12.64% |
| MAD / CAD Canadian Dollar | 0.143 | -2.49% | -5.67% |
| MAD / CHF Swiss Franc | 0.08393 | -2.22% | -2.60% |
| MAD / CNY Yuan Renminbi | 0.6802 | -2.53% | -11.68% |
| MAD / SGD Singapore Dollar | 0.1303 | -2.08% | -7.32% |
| MAD / HKD Hong Kong Dollar | 0.8007 | -1.95% | -4.88% |
The money behind the rate
About these currencies
Moroccan Dirham (MAD)
- ISO 4217
- MAD · 504
- Symbol
- MAD
- Minor units
- 2
- Used in
- Morocco, Western Sahara
The Moroccan Dirham is issued by Bank Al-Maghrib.
- 2018On 15 January Morocco widens the fluctuation band of the dirham around its central rate from plus or minus 0.3 per cent to plus or minus 2.5 per cent, with the central rate set on a basket of 60 per cent euro and 40 per cent US dollar.
- 2020The band is widened again from plus or minus 2.5 per cent to plus or minus 5 per cent.
Euro (EUR)
- ISO 4217
- EUR · 978
- Symbol
- €
- Minor units
- 2
- Used in
- Andorra, Austria, Belgium, Bulgaria, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Monaco, Montenegro, Netherlands, Portugal, San Marino, Slovakia, Slovenia, Spain, Kosovo, Vatican City
The euro is the shared currency of the euro area, issued by the Eurosystem: the European Central Bank together with the national central banks of the euro area.
- 1999The euro launches on 1 January as an accounting currency for electronic and non-cash payments.
- 2002Euro notes and coins enter circulation on 1 January.
- 2026Bulgaria adopts the euro on 1 January as the 21st euro area member.
Good to know
Questions
Is this the rate I would get at a bank?
No. These are daily reference rates, close to the mid-market rate. Banks and transfer services add a margin and fees, so the amount you receive is usually lower.
How often is the rate updated?
Once a day. The latest figure here is dated 24 Oct 2026 and is not real time.
Where does the data come from?
Frankfurter, an open service that publishes daily reference rates. Confirm with your bank or provider before you transact.