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).

Hong Kong Dollar

Hong Kong Dollar

The Hong Kong dollar (Chinese: 港幣; Cantonese Yale: Góng bàih; sign: HK$; code: HKD) is the official currency of Hong Kong. It is subdivided into 100 cents. The Hong Kong Monetary Authority is the governmental currency board and also the de facto central bank for Hong Kong and the Hong Kong dollar. Under the licence from the Hong Kong Monetary Authority, three commercial banks are licensed to issue their own banknotes for general circulation in Hong Kong. The three commercial banks, HSBC, Bank of China and Standard Chartered issue their own designs of banknotes in denominations of HK$20, HK$50, HK$100, HK$500 and HK$1000, with all designs being similar to the other in the same denomination of banknote. However, the HK$10 banknote and all coins are issued by the Government of Hong Kong. As of April 2016, the Hong Kong dollar is the thirteenth most traded currency in the world. Apart from its use in Hong Kong, the Hong Kong dollar is also used in neighbouring Macau, where the Hong Kong dollar circulates alongside the Macau pataca.

1 Moroccan Dirham to Hong Kong Dollar exchange rates chart

1 MAD to HKD exchange rates graph
1 MAD to HKD 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.

1 MAD to HKD exchange rates table

Exchange MAD to HKD
1 Moroccan Dirham = 0.822 Hong Kong Dollar
2 Moroccan Dirham = 1.643 Hong Kong Dollar
5 Moroccan Dirham = 4.108 Hong Kong Dollar
10 Moroccan Dirham = 8.216 Hong Kong Dollar
Exchange Moroccan Dirham to Hong Kong Dollar
1 Moroccan Dirham to Hong Kong Dollar 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.

1 MAD to HKD 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.

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.

conditional negative
Global stocks give up chunk of US-China trade truce gains

Global stock markets gave up Tuesday many of the gains they recorded in the previous session when a 90-day trade tariff truce between the U.S. and China shored up investor sentiment.

conditional neutral

1 MAD to HKD currency converter