MAD/AUD
Market Open
12 Jun, 20:59
A$
0. 153373
-0.000001
-0.0008%
A$
261,249 Volume
A$ 0.153374
Previous Close Want to track MADAUD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
MADAUD Overview
MADAUD denotes the exchange rate between the Moroccan Dirham (MAD) and the Australian Dollar (AUD), indicating how many Australian dollars are required to purchase one Moroccan dirham. It reflects the relative value of Morocco’s currency versus that of Australia and is quoted in terms of AUD per MAD.
The Moroccan Dirham is the official currency of Morocco and several of its dependent territories in North Africa. Issued and regulated by Bank Al-Maghrib, the dirham is used for domestic transactions, monetary policy operations, and is influenced by Morocco’s external trade and capital flows.
The Australian Dollar is the national currency of Australia and a common regional unit in parts of Oceania. The Reserve Bank of Australia issues and manages the AUD, overseeing monetary policy, liquidity operations, and the currency’s response to commodity prices and economic indicators.
The MADAUD rate is set by market forces of supply and demand across foreign-exchange venues and influenced by macroeconomic variables such as interest rate differentials, inflation trends, central bank policy decisions, fiscal conditions, and geopolitical developments that affect capital movement and trade balances.
For market participants, MADAUD provides a tool for pricing cross-border transactions, managing currency risk through hedging, and pursuing speculative or arbitrage strategies tied to Morocco-Australia economic links.
The Moroccan Dirham is the official currency of Morocco and several of its dependent territories in North Africa. Issued and regulated by Bank Al-Maghrib, the dirham is used for domestic transactions, monetary policy operations, and is influenced by Morocco’s external trade and capital flows.
The Australian Dollar is the national currency of Australia and a common regional unit in parts of Oceania. The Reserve Bank of Australia issues and manages the AUD, overseeing monetary policy, liquidity operations, and the currency’s response to commodity prices and economic indicators.
The MADAUD rate is set by market forces of supply and demand across foreign-exchange venues and influenced by macroeconomic variables such as interest rate differentials, inflation trends, central bank policy decisions, fiscal conditions, and geopolitical developments that affect capital movement and trade balances.
For market participants, MADAUD provides a tool for pricing cross-border transactions, managing currency risk through hedging, and pursuing speculative or arbitrage strategies tied to Morocco-Australia economic links.
MADAUD Chart
MADAUD FAQ
What is the current MAD/AUD price?
The current rate is A$0.153373, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the MAD/AUD rate changed today?
The rate has changed by -0.000001 (-0.0008%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was A$0.153374, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is MAD/AUD moving up or down?
Movements in MAD/AUD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (-0.0008%) is based on the difference between the current rate and the previous closing rate.
Is MAD/AUD trending up or down right now?
If the current rate (A$0.153373) is below the previous close (A$0.153374), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for MAD/AUD directly on this page.
