Current ZAR-MAD mid-market exchange rate

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Today's ZAR-MAD commentary

At 0.6732, the current ZAR-MAD exchange rate is higher than the average rate of R1 = 0.6732 we observed in the last fourteen days. The highest value recorded over the last two weeks for the ZAR-MAD exchange rate (R1 = 0.6761) was observed on the 7th of November at 02:00 AM. The difference with the lowest value recorded during the same period (0.6524) is only 3.50%, which indicates a relative stability of the ZAR-MAD exchange rate.

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

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