Convert Egyptian Pound to Moroccan Dirham
Convert Egyptian Pound (EGP) to Moroccan Dirham (MAD) using daily updated exchange rates.
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Exchange Rate
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About Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt and one of the oldest currency systems in the world, with versions of the pound used since Egypt adopted a monetary system in the 19th century. The Central Bank of Egypt manages monetary policy. Egypt is the most populous Arab country and the third most populous in Africa, with an economy driven by tourism, Suez Canal revenues, remittances, oil exports, and agriculture. The pound underwent significant devaluations in 2016 and 2023 as Egypt moved to a more flexible exchange rate policy under IMF-backed economic reform programmes.
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
| Egyptian Pound (EGP) | 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).