Current ZAR-MAD mid-market exchange rate

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Today's ZAR-MAD commentary

Comparing the highs and lows of the ZAR-MAD exchange rate, we can see a very big change (5.04%) between the highest level of ZAR 1 = MAD 0.6652 we saw on October 1 and the minimum level of ZAR 1 = MAD 0.6317 attained last Tuesday. Such variations means that if you were transferring 3,000 ZAR on October 1 you would have received 100.62 MAD more than last Tuesday.

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