Current ZAR-MAD mid-market exchange rate

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Today's ZAR-MAD commentary

The fluctuations of the ZAR-MAD rate we see over the past fourteen days are very important (more than 2.09% difference between the minimum and maximum). For all these variations, the current ZAR-MAD mid-market is in fact very close to its average level of the last 14 days. Transferring ZAR 1,500 at today's latest mid-market gives you MAD 1,129, while it was equal to MAD 1,142 on January 9 and MAD 1,118 last Sunday.

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