Convert Swiss Franc to Moroccan Dirham
Convert Swiss Franc (CHF) to Moroccan Dirham (MAD) using daily updated exchange rates.
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Exchange Rate
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About Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, and one of the most important safe-haven currencies in the world. The name "franc" derives from the Latin "Francorum Rex" (King of the Franks). Switzerland is not a European Union member and has maintained its own currency, which regularly appreciates during global financial uncertainty due to Switzerland's political neutrality, strong banking sector, and fiscal discipline. The Swiss National Bank (SNB) manages monetary policy.
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
| Swiss Franc (CHF) | 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).