Convert UAE Dirham to Moroccan Dirham
Convert UAE Dirham (AED) to Moroccan Dirham (MAD) using daily updated exchange rates.
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Exchange Rate
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About UAE Dirham
The UAE Dirham (AED) is the official currency of the United Arab Emirates, introduced in 1973 to replace the Qatar and Dubai Riyal. It has been pegged to the US Dollar at a fixed rate of 3.6725 AED per USD since 1997, providing exceptional monetary stability. The UAE's oil-driven economy and status as a global financial hub - particularly Dubai and Abu Dhabi - make the dirham one of the most stable currencies in the Arab world. The word "dirham" derives from the ancient Greek "drachma". Banknotes feature landmarks such as the Sheikh Zayed Grand Mosque and the Burj Khalifa.
About Moroccan Dirham
The Moroccan Dirham (MAD) has been the official currency of Morocco since 1960, replacing the franc used during the French protectorate period. Bank Al-Maghrib manages monetary policy with a managed float exchange rate pegged to a basket of the Euro and US Dollar. Morocco has one of Africa's most diversified economies, with revenues from phosphate exports (the world's third largest producer), tourism, remittances from Moroccans abroad, and growing manufacturing including automotive and aerospace sectors. Morocco has signed a free trade agreement with the EU.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).