1 EUR = 10.916 MAD
1 MAD = 0.092 EUR
(Mid-market exchange rate)
Last updated Mar 29, 2024 08:38 GMT
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Below is the live and historical Euro to Moroccan Dirham rate chart so you can see today's rate - and how the rates have changed over time.
1 EUR = 10.916 MAD
Stat | Last 7 days | Last 30 days | Last 90 days | Last year | Selected period on chart |
---|---|---|---|---|---|
High | 10.981 | 10.999 | 10.984 | 11.162 | 10.999 |
Low | 10.899 | 10.887 | 10.794 | 10.607 | 10.887 |
Average | 10.94 | 10.938 | 10.886 | 10.918 | 10.937 |
Volatility | 0.75% | 1.03% | 1.76% | 5.23% | 1.03% |
1 EUR is worth 10.916 MAD today
At the current exchange rate of 10.916 , a sum of 500 Euro is worth 5,458 Moroccan Dirham.
The Euro is currently stronger than the Moroccan Dirham given that 1 EUR is equal to 10.916 MAD. Conversely, 1 MAD is worth 0.092 EUR.
Today, to buy 500 Euro, you need 5,458 Moroccan Dirham. On the same date last year, you needed 5,551.5 Moroccan Dirham for 500 Euro. This change indicates that the Euro has lost value against the Moroccan Dirham by 1.51% over the past year.
The pair experienced moderate volatility of 5.23%.
Moderate volatility means there is a moderate risk of price changes. It represents a balance of potential gains and risks.
Today's EUR to MAD exchange rate (10.921) is smaller compared to yesterday's rate (10.974).
1 EUR | 10.91600 MAD |
5 EUR | 54.58000 MAD |
10 EUR | 109.16000 MAD |
20 EUR | 218.32000 MAD |
25 EUR | 272.90000 MAD |
50 EUR | 545.80000 MAD |
100 EUR | 1,091.60000 MAD |
250 EUR | 2,729.00000 MAD |
500 EUR | 5,458.00000 MAD |
1,000 EUR | 10,916.00000 MAD |
2,000 EUR | 21,832.00000 MAD |
5,000 EUR | 54,580.00000 MAD |
10,000 EUR | 109,160.00000 MAD |
1 MAD | 0.09161 EUR |
5 MAD | 0.45804 EUR |
10 MAD | 0.91609 EUR |
20 MAD | 1.83217 EUR |
25 MAD | 2.29022 EUR |
50 MAD | 4.58043 EUR |
100 MAD | 9.16086 EUR |
250 MAD | 22.90216 EUR |
500 MAD | 45.80432 EUR |
1,000 MAD | 91.60865 EUR |
2,000 MAD | 183.21730 EUR |
5,000 MAD | 458.04324 EUR |
10,000 MAD | 916.08648 EUR |
The currency code for Euro is EUR.
The EUR currency symbol is €.
Minor unit: 1/100 = Cent
EUR rank by most traded currencies: 2
Avg proportion of daily world trade volume: 15.25%
EUR rank by strongest currencies (buying power): 9
The Euro is the currency of 31 countries:
Akrotiri and Dhekelia, Åland, Andorra, Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, French Southern and Antarctic Lands, Germany, Greece, Ireland, Italy, Kosovo, Latvia, Lithuania, Luxembourg, Malta, Monaco, Montenegro, Netherlands, Portugal, Saint Barthélemy, Saint Pierre and Miquelon, San Marino, Slovakia, Slovenia, Spain, Vatican City
The currency code for Moroccan Dirham is MAD.
The MAD currency symbol is .د.م.
Minor unit: 1/100 = Centime
MAD rank by most traded currencies: Not in top 40 traded currencies
Avg proportion of daily world trade volume: 0% (Low daily trade currency)
MAD rank by strongest currencies (buying power): 51
The Moroccan Dirham is the currency of 2 countries:
Morocco, Sahrawi Republic
Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Euro to Moroccan Dirham, to send a payment, for a trip overseas, when shopping online or to hold a balance in Moroccan Dirham.
You can convert Euro to Moroccan Dirham either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Moroccan Dirham in cash. Or, you can choose to convert digitally, to send a payment overseas for example.
If you're exchanging money in a physical location you'll usually need to take the following steps:
Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:
Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best EUR to MAD exchange rate for your specific transaction.
Get to know the EUR/MAD mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the EUR/MAD mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.
Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Euro and Moroccan Dirham. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.
You'll be able to exchange Moroccan Dirham to Euro in the same way as you'd exchange Euro to Moroccan Dirham. If you have Moroccan Dirham in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Moroccan Dirham. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.
On the other hand, if you hold Euro in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.
You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.
A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.
EUR | USD | GBP | CHF | CAD | INR | AUD | JPY | PLN | |
---|---|---|---|---|---|---|---|---|---|
To EUR | - | 0.92865 | 1.17187 | 1.02970 | 0.68534 | 0.01114 | 0.60450 | 0.00614 | 0.23218 |
To USD | 1.07685 | - | 1.26190 | 1.10883 | 0.73801 | 0.01200 | 0.65095 | 0.00661 | 0.25013 |
To GBP | 0.85334 | 0.79246 | - | 0.87868 | 0.58484 | 0.00951 | 0.51585 | 0.00524 | 0.19817 |
To CHF | 0.97116 | 0.90185 | 1.13808 | - | 0.66557 | 0.01082 | 0.58706 | 0.00596 | 0.22570 |
To CAD | 1.45913 | 1.35500 | 1.70987 | 1.50247 | - | 0.01625 | 0.88204 | 0.00895 | 0.33918 |
To INR | 89.77190 | 83.36530 | 105.19900 | 92.43810 | 61.52420 | - | 54.26660 | 0.55083 | 20.85370 |
To AUD | 1.65427 | 1.53622 | 1.93855 | 1.70341 | 1.13374 | 0.01843 | - | 0.01015 | 0.38454 |
To JPY | 162.94500 | 151.34500 | 190.98200 | 167.81600 | 111.69400 | 1.81544 | 98.51800 | - | 37.87380 |
To PLN | 4.30695 | 3.99785 | 5.04616 | 4.43066 | 2.94830 | 0.04795 | 2.60051 | 0.02640 | - |
The Euro to Moroccan Dirham exchange rate today is 10.916 . Use this guide to learn more about exchanging EUR to MAD in the easiest and best value way for your specific needs.
The EUR to MAD rate today is 10.916 . That means that 500 Euro would be worth 5,458 Moroccan Dirham.
Exchange EUR to MAD in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including EUR to MAD.
If you want to send money from Europe - or anywhere else in the world - to Morocco, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Morocco - plus, you'll be able to get everything arranged with just your laptop or phone.
The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Moroccan Dirham and Euro on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.
Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.
Get the live Euro to Moroccan Dirham exchange rate with our handy tools, to help you compare your options.
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