Current ZAR-MAD mid-market exchange rate

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Exchange rate

Today's ZAR-MAD commentary

During the last 14 days period, we can observe a very important difference of 3.64% between the highest value of ZAR 1 = MAD 0.6988 recorded last Wednesday and the minimum level of ZAR 1 = MAD 0.6733 attained on January 4. This variation means that if you were for instance transferring 3,000 ZAR last Wednesday you would have received 76.27 MAD more than on January 4.

ZAR Profile

Name: South African rand

Symbol: R

Minor Unit: 1/100 Cent

Central Bank: South African Reserve Bank

Country(ies): Lesotho, Namibia, South Africa

Rank in the most traded currencies: #20

MAD Profile

Name: Moroccan dirham


Minor Unit: 1/100 Santim

Central Bank: Bank Al-Maghrib

Country(ies): Morocco