South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

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).

1 South African Rand to Moroccan Dirham exchange rates chart

1 ZAR to MAD exchange rates graph
1 ZAR to MAD 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 ZAR to MAD exchange rates table

Exchange ZAR to MAD
1 South African Rand = 0.695 Moroccan Dirham
2 South African Rand = 1.389 Moroccan Dirham
5 South African Rand = 3.474 Moroccan Dirham
10 South African Rand = 6.947 Moroccan Dirham
Exchange South African Rand to Moroccan Dirham
1 South African Rand to Moroccan Dirham 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 ZAR/MAD rate at Mohammed V International Airport in Casablanca

1 ZAR to MAD exchange rates at Mohammed V International Airport in Casablanca
1 South African Rand = 0.692 Moroccan Dirham
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...

1 ZAR to MAD exchange rates news

Rand gains ahead of GDP data

The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.

about 2 months conditional positive
South Africa's Rand Falls to 2-Year Low As Turkey Rout Spreads

Magnitude of rand's slide came after three days of heavy losses and caught South African Reserve Bank by surprise, but deputy governor at bank told Reuters that regulator was 'nowhere near' intervening to support currency

about 2 months conditional positive
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

1 ZAR to MAD currency converter