Moroccan Dirham

Moroccan Dirham

The dirham (Arabic: درهم‎ dirham, Berber languages: ⴰⴷⵔⵉⵎ adrim, French: dirham, Spanish: dírha) is the currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. It is subdivided into 100 cents (Arabic: سنتيمات, singular: سنتيم).

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

12 Moroccan Dirham to British Pound exchange rates chart

12 MAD to GBP exchange rates graph
12 MAD to GBP Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

12 MAD to GBP exchange rates table

Exchange MAD to GBP
12 Moroccan Dirham = 0.993 British Pound
24 Moroccan Dirham = 1.986 British Pound
60 Moroccan Dirham = 4.964 British Pound
120 Moroccan Dirham = 9.929 British Pound
Exchange Moroccan Dirham to British Pound
12 Moroccan Dirham to British Pound Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best MAD/GBP rate at AL BARAKA X CHANGE in Casablanca

12 MAD to GBP exchange rates at AL BARAKA X CHANGE in Casablanca
12 Moroccan Dirham = 0.950 British Pound
AL BARAKA X CHANGE
AL BARAKA X CHANGE

Crée en 2008 Nous sommes un bureau de change situé à Casablanca et autorisé par l'Office des Changes et effectue toutes les oprations d'achat et de vente de devis et Travelers chèques. En 2012 nous avons obtenu l'accord de l'office de changement pour l'ouverture d'une succursale sur l'angle rue de rome et boulvard moulay driss premiers, casablanca. en 2014 nous avons ouvert notre 3 éme succursale au 35 rue zineb ishaac la villette ,casablanca. Notre politique c'est de satisfaire nos clients...

Best MAD/GBP rate at Mohammed V International Airport in Casablanca

12 MAD to GBP exchange rates at Mohammed V International Airport in Casablanca
12 Moroccan Dirham = 0.978 British Pound
Mohammed V International Airport
Mohammed V International Airport

Mohammed V International Airport (French: Aéroport international Mohammed V; Arabic: مطار محمد الخامس الدولي, Matar Muhammad al-Khamis ad-Dowaly, IATA: CMN, ICAO: GMMN) is an international airport serving Casablanca, Morocco. Located in Nouaceur Province, it is operated by ONDA (National Airports Office). With just under 8 million passengers passing through the airport in 2014, it was the busiest airport in Morocco and the fourth busiest in Africa.[5][6][7][8][9] In August 2014, ONDA reported...

12 MAD to GBP exchange rates news

Moroccan transit app Weego wins Seedstars Casablanca –
Moroccan transit app Weego wins Seedstars Casablanca –

Weego, a collaborative transit app which enables users to track buses and trams in real time, has been selected as the winner of Seedstars Casablanca 2018.

about 2 months conditional positive
Moroccan Government to Grant MAD 1,000 to One Million Poor Families
Moroccan Government to Grant MAD 1,000 to One Million Poor Families

The Moroccan government is preparing a plan to grant a monthly MAD 1,000 payment to one million Moroccan families, said Lahcen Daoudi.

about 2 months conditional negative
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

6 days indicative negative
Forex reserves hit high in December | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 4 (CNA) Taiwan's foreign exchange reserves hit another all-time high at the end of December because of an increase in returns on the portfolio managed by Taiwan's central bank, the bank said Friday.

12 days indicative neutral

12 MAD to GBP currency converter