Current ZAR-MAD mid-market exchange rate

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Today's ZAR-MAD commentary

Going over the recent evolution of the ZAR-MAD mid-market exchange rate, we observe very important variations. It is noteworthy to observe that despite these variations, the actual ZAR-MAD exchange rate is as we're writting close to its average value of the past 2 weeks. Exchanging ZAR 1,500 at today's latest interbank exchange rate gets you MAD 1,127, it would have converted into as much as MAD 1,152 but only MAD 1,099.


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

Symbol:

Minor Unit: 1/100 Santim

Central Bank: Bank Al-Maghrib

Country(ies): Morocco