Convert Australian Dollar to Moroccan Dirham
Convert Australian Dollar (AUD) to Moroccan Dirham (MAD) using daily updated exchange rates.
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Exchange Rate
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About Australian Dollar
The Australian Dollar (AUD), nicknamed the "Aussie", was introduced on 14 February 1966 when Australia decimalised its currency, replacing the Australian pound at two dollars to the pound. It is the fifth most traded currency in global foreign exchange markets, reflecting Australia's status as a major commodity exporter - particularly iron ore, coal, and gold. The Reserve Bank of Australia manages monetary policy. The AUD is also legal tender in several Pacific island nations including Kiribati, Nauru, and Tuvalu.
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
| Australian Dollar (AUD) | Moroccan Dirham (MAD) |
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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).