Convert Moroccan Dirham to Argentine Peso
Convert Moroccan Dirham (MAD) to Argentine Peso (ARS) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
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.
About Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, a country that has experienced several monetary crises and currency replacements throughout its history. The current peso was introduced in 1992 at a 1:1 peg with the US Dollar, which was abandoned in 2002 during a severe economic and banking crisis. Argentina has struggled with recurring high inflation and currency devaluation, making the peso one of the most volatile currencies among major Latin American nations. The Banco Central de la Republica Argentina manages monetary policy. The peso is divided into 100 centavos.
Quick Reference Table
| Moroccan Dirham (MAD) | Argentine Peso (ARS) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).