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Convert 196 Moroccan Dirham (MAD) to Euro (EUR)

Exchange rates used for currency conversion updated on January 05th 2025 ( 01/05/2025 )

Below you will find the latest exchange rates for exchanging Moroccan Dirham (MAD) to Euro (EUR) , a table containing most common conversions and a chart with the pair's evolution. The Moroccan Dirham (MAD) to Euro (EUR) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.

If you need to SWAP these currencies go to Euro (EUR) to Moroccan Dirham (MAD) page.

196 MAD = 18.8356 EUR

The currency exchange rate, calculated between Moroccan Dirham and Euro on 01/05/2025 is 1 MAD = 0.0961 EUR - AVERAGE intraday quotes were used for this currency conversion.

Convert 196 MAD / 196 EUR to major currencies

MAD to EUR Exchange Rate History Chart

Last 7 days History

Date MAD EUR
2025-01-04 196 MAD = 2049.04791 EUR
2025-01-03 196 MAD = 2050.48999 EUR
2025-01-02 196 MAD = 2068.56446 EUR
2025-01-01 196 MAD = 2067.57367 EUR
2024-12-31 196 MAD = 2067.37792 EUR
2024-12-30 196 MAD = 2064.74684 EUR
2024-12-29 196 MAD = 2052.45677 EUR
One year History

About Moroccan Dirham (MAD)

Morocco is located in North Africa and is officially referred to as the Kingdom of Morocco. The official currency of Morocco is the Moroccan Dirham. The Dirham is sub-divided into centimes. Money is released in the country through the Bank Al-Maghrib which is the central bank in Morocco. Visitors to the country can exchange currency through the Official Bureauz De Change. Exchanging money in the streets in Morocco is illegal.

About Euro (EUR)

Governed by the Eurosystem, comprised of the European Central Bank and the central banks of each represented member state, the euro is a currency that reflects an aggregate of 17 of the 27 European Union member states. It is the second most used world reserve currency, involved in over 20% of traded currency pairs, used by over 500 million people worldwide, the largest worldwide currency in circulation, and its member states represent 14.6% of world GDP.

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