Convert Hong Kong Dollar to Moroccan Dirham
Convert Hong Kong Dollar (HKD) to Moroccan Dirham (MAD) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About Hong Kong Dollar
The Hong Kong Dollar (HKD) has been the official currency of Hong Kong since 1863. It has been pegged to the US Dollar under a Currency Board system since 1983 within a tight band of 7.75 to 7.85 HKD per USD, providing monetary stability crucial for Hong Kong's role as a global financial centre. The Hong Kong Monetary Authority (HKMA) manages the peg by automatically adjusting interest rates. Hong Kong is one of the world's most important financial hubs, hosting one of Asia's largest stock exchanges.
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
| Hong Kong Dollar (HKD) | 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).