MAD/USD
Market Open
12 Jun, 11:19
$
0. 111516
+0.006977
+6.6741%
$
2 Volume
$ 0.104539
Previous Close Want to track MADUSD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
MADUSD Overview
MADUSD denotes the exchange rate between the Moroccan Dirham (MAD) and the United States Dollar (USD), showing how many US dollars are required to purchase one dirham. It tracks the relative value of Morocco’s currency versus the dollar in foreign exchange markets and reflects cross-currency pricing for transactions involving both units.
The Moroccan Dirham is the official currency of the Kingdom of Morocco, issued and managed by Bank Al-Maghrib, the nation’s central bank. The dirham is used for domestic payments and is subject to Morocco’s monetary policy, regulatory framework, and balance of payments conditions.
The United States Dollar is the official currency of the United States and its territories, issued by the Federal Reserve System. The dollar functions as a global reserve currency and benchmark for international trade, with broad liquidity and deep markets that influence its exchange rate dynamics.
Movements in MADUSD are determined by supply and demand in FX markets and are influenced by interest rate differentials, inflation trends, central bank policy decisions, capital flows, and geopolitical developments. Economic data, commodity prices, and investor risk sentiment also contribute to short- and long-term fluctuations.
For traders, businesses, and investors, MADUSD matters for trade invoicing, currency hedging, investment valuation, and speculative strategies tied to Moroccan economic performance or dollar strength.
The Moroccan Dirham is the official currency of the Kingdom of Morocco, issued and managed by Bank Al-Maghrib, the nation’s central bank. The dirham is used for domestic payments and is subject to Morocco’s monetary policy, regulatory framework, and balance of payments conditions.
The United States Dollar is the official currency of the United States and its territories, issued by the Federal Reserve System. The dollar functions as a global reserve currency and benchmark for international trade, with broad liquidity and deep markets that influence its exchange rate dynamics.
Movements in MADUSD are determined by supply and demand in FX markets and are influenced by interest rate differentials, inflation trends, central bank policy decisions, capital flows, and geopolitical developments. Economic data, commodity prices, and investor risk sentiment also contribute to short- and long-term fluctuations.
For traders, businesses, and investors, MADUSD matters for trade invoicing, currency hedging, investment valuation, and speculative strategies tied to Moroccan economic performance or dollar strength.
MADUSD Chart
MADUSD FAQ
What is the current MAD/USD price?
The current rate is $0.111516, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the MAD/USD rate changed today?
The rate has changed by +0.006977 (+6.6741%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was $0.104539, 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/USD moving up or down?
Movements in MAD/USD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+6.6741%) is based on the difference between the current rate and the previous closing rate.
Is MAD/USD trending up or down right now?
If the current rate ($0.111516) is above the previous close ($0.104539), 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/USD directly on this page.
