Today, 7,300.00 (seven thousand and three hundred) Moroccan Dirhams are worth 743.13 Dollars, ie, Dh7,300.00 = $743.13. That's because the current exchange rate, to USD, is 0.10. So, to make Moroccan Dirham to Dollar conversion, you just need to multiply the amount in MAD by 0.10.
Learn how to get the best Moroccan exchange rate before exchanging your money
The Moroccan Dirham is the official Moroccan currency. MAD/USD represents the value of Moroccan money in American money and it is called the 'exchange rate' or 'forex rate'. This exchange rate from Moroccan Dirham to US Dollar is today at 0.102.
As an example, suppose you are from New york or in Los Angeles United States and you travel to Rabat Morocco. There, you need to get 1000 Moroccan Dirhams (Dh) at a Rabat bank to pay your hotel. In this case you would pay 0.102 * 1000 = 102 US Dollars ($). But, in practice, you will pay more (or perhaps much more) to get the same amount of your foreign currency due to the margin for the money conversion services costs like: commissions, credit card surcharges, ATM fees and other expenses. If, for example, you are using a credit card, this margin will typically be around 2 to 3 percent. We recommend that you choose the best place to make your money exchange because there can be a large difference between forex rates you will get.
In the example above for a 1000 Moroccan Dirhams amount, the result of the money conversion is 104.04 USD for a 2% margin or 105.06 USD for a 3% margin.
Some Internet based foreign currency exchange agencies add 10 percent or even more. So, if you make the same calculations above, there will be a difference of about 10.2 USD depending on which forex bank or agency you choose to exchange your money. So, that's why we advise you to seek the best place to get the best fx rates for your upcoming money transfer/exchange. The only way to know what is the best exchange rate is to know what the current rate is. You can easily accomplish this by using periodically our currency converter above to get an idea of what forex rate to expect.
Note: If you use our currency converter, you only need to choose the amount of margin in its drop-down list and have an estimate of how much you will pay to get the desired amount.
By the way: there are some notations for this currency pair like MAD-USD or MADUSD among others. The currency symbol for Moroccan Dirham is (Dh) while the currency symbol for US Dollar is ($). Note also that the Morocco country code is MAR or MA. The United States country code is USA or US
Moroccan Dirham Converters
- Moroccan Dirham to US Dollar ($)
- Moroccan Dirham to Euro (€)
- Moroccan Dirham to Indian Rupee (₹)
- Moroccan Dirham to British Pound (£)
- Moroccan Dirham to Indonesian Rupiah (p)
- Moroccan Dirham to Canadian Dollar ($)
- Moroccan Dirham to Pakistani Rupee (Rs)
- Moroccan Dirham to Philippine Peso (₱)
- Moroccan Dirham to United Arab Emirates Dirham (Dh)
- Moroccan Dirham to Australian Dollar ($)
- Moroccan Dirham to Malaysian Ringgit (M)
- Moroccan Dirham to Swiss Franc (C)
- Moroccan Dirham to Chilean Peso ($)
- Moroccan Dirham to Argentine Peso ($a)
- Moroccan Dirham to Serbian Dinar (din)
- Moroccan Dirham to Israeli Shekel (₪)
- Moroccan Dirham to New Taiwan Dollar (NT$)
- Moroccan Dirham to Sri Lanka Rupee (Rs)